








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Converse at Matagorda Plan, Katzer Ranch, Converse, TX, 78109 priced at $320,990 converts $2,506/mo rent into $223/mo cash flow after a $1,571/mo obligation. Total monthly income equals $2,506/mo, and annual cash flow totals $2,682/yr on $106,408 invested. Return on cash invested prints 22.43% in year one, and rental yield reads 9.37% against a $320,990 entry. Equity gained on principal adds $2,071/yr, while 5% annual appreciation compiles into $88,684 by year five. Five-year ROI reaches 117.58% and total cumulative return in cash sums $125,114. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,506/mo property income covering a $1,571/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78109, Converse, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,515 (100%) |
| Owner Occupied HU | 18,732 (73.4%) |
| Renter Occupied HU | 4,973 (19.5%) |
| Vacant Housing Units | 1,810 ( 7.1%) |
| Median Home Value | $287,942 |
| Average Home Value | $312,137 |
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
Date | Event | Price |
|---|---|---|
| 2025-12-13 | Price change | $320,990 |
| 2025-10-18 | Listed for sale | $318,990 |
| 2025-10-01 | Listing removed | $364,794 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • First America Homes
Mls Name: First America Homes
Mls Provider:
Mls ID: #N/A