10613 E State Road 18GalvestonIN46932
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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 10613 E State Road 18, Galveston, IN, 46932 earns $279/mo cash flow from $1,239/mo rent with a $783/mo payment. Total monthly income totals $1,239/mo, and annual cash flow totals $3,345/yr on $53,007 capital. ROI tracks 26.22% on current figures, and rental yield reads 9.3% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 136.45% and total cumulative return in cash sums $72,330. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,239/mo property income instead of your personal income.
Single Family
Built in 1985
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46932, Galveston, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 1,163 (79.4%) |
| Renter Occupied HU | 206 (14.1%) |
| Vacant Housing Units | 96 ( 6.6%) |
| Median Home Value | $181,312 |
| Average Home Value | $220,765 |
Housing Distribution
Address Breakdown
Residential
1,064
Single Family
1,064
Multi-Family
0
Businesses
48
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