








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


Investment property for sale in Galveston at 140 W Griffith St, Galveston, IN, 46932 uses $49,725 cash to close to unlock $2,985/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,149/mo, and a $734/mo payment keeps the spread at $249/mo. Purchase price stands at $150,000, and rental yield measures 9.19% with $1,149/mo rent. Return on cash invested shows 25.91% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 134.82% and total cumulative return in cash records $67,038. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,149/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46932, Galveston, IN area.
| 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 |
Residential
1,064
Single Family
1,064
Multi-Family
0
Businesses
48
Date | Event | Price |
|---|---|---|
| 2025-06-10 | Listed for sale | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-12 | $138.96 | 2.00% | $107,600 | 13.03% |
| 2023-06-12 | $136.24 | 2.01% | $95,200 | 6.85% |
| 2022-06-12 | $133.56 | 1.99% | $89,100 | 3.73% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A