Wise Plan, Fairway CrossingConverseTX78244
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at Wise Plan, Fairway Crossing, Converse, TX, 78244 in Converse: $2,785/mo in rent, $439/mo in net income, 10.13% gross yield, 1.88 DSCR, all at $329,990. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $91,170 in appreciation and $3,039/yr in principal paydown projects total cumulative return of $154,668.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.2% |
| Monthly Cash Flow | $439 | $1,200 |
City averages based on Converse market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,785 |
| Total Monthly Debt Service | $2,215 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78244, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,066 (100%) |
| Owner Occupied HU | 9,199 (65.4%) |
| Renter Occupied HU | 3,968 (28.2%) |
| Vacant Housing Units | 899 ( 6.4%) |
| Median Home Value | $241,199 |
| Average Home Value | $256,297 |
Housing Distribution
Address Breakdown
Residential
13,399
Single Family
12,286
Multi-Family
1,113
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78244, San Antonio, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,066 (100%) |
| Owner Occupied HU | 9,199 (65.4%) |
| Renter Occupied HU | 3,968 (28.2%) |
| Vacant Housing Units | 899 ( 6.4%) |
| Median Home Value | $241,199 |
| Average Home Value | $256,297 |
Housing Distribution
Address Breakdown
Residential
13,399
Single Family
12,286
Multi-Family
1,113
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
