1428 Broadway StGalvestonTX77550
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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 1428 Broadway St, Galveston, TX, 77550 at $1,799,000 posts ROI 8.58% with from $7,064/mo rent. Total monthly income equals $7,064/mo. Return on cash invested measures 8.58% and rental yield reads 4.71% at the current $1,799,000. Equity gained on principal adds $11,609/yr, and 5% annual appreciation supports $497,031 by year five. Five-year ROI prints 43.21% and total cumulative return in cash totals $251,853. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,064/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1916
10,297 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77550, Galveston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,488 (100%) |
| Owner Occupied HU | 4,688 (30.3%) |
| Renter Occupied HU | 6,815 (44.0%) |
| Vacant Housing Units | 3,985 (25.7%) |
| Median Home Value | $342,409 |
| Average Home Value | $411,529 |
Housing Distribution
Address Breakdown
Residential
13,045
Single Family
9,541
Multi-Family
3,504
Businesses
1,145
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Listed by: Suzanne Corbin • Berkshire Hathaway Home Services
Mls Name: HAR
Mls Provider:
Mls ID: #54405011
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