10409 Schaper RdGalvestonTX77554
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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
Investment Highlights
Investment property for sale in Galveston at 10409 Schaper Rd, Galveston, TX, 77554 offers a 9.24% rental yield on a $259,000 purchase with $1,994/mo rent. 04% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 80.49% and total cumulative return in cash at $69,112. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,994/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1982
2,800 sqft lot
$N/A/sqft
$500 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77554, Galveston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,066 (100%) |
| Owner Occupied HU | 2,959 (26.7%) |
| Renter Occupied HU | 1,512 (13.7%) |
| Vacant Housing Units | 6,595 (59.6%) |
| Median Home Value | $500,114 |
| Average Home Value | $542,522 |
Housing Distribution
Address Breakdown
Residential
7,075
Single Family
5,318
Multi-Family
1,757
Businesses
295
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Listed by: Linda Sivy • Better Homes and Gardens Real Estate Gary Greene - Galveston West End
Mls Name: HAR
Mls Provider:
Mls ID: #29048740
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