1527 Mechanic StGalvestonTX77550
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
Investment Highlights
Investment property for sale in Galveston at 1527 Mechanic St, Galveston, TX, 77550 with 5% annual appreciation on a $399,900 basis while $3,350/mo rent supports operations. Total monthly income totals $3,350/mo and a $1,957/mo payment preserves $507/mo for cash returns. Annual cash flow comes to $6,079/yr on $132,567 deployed, and return on cash invested reaches 24.49% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 10.05%. Five-year ROI measures 128.64% and total cumulative return in cash totals $170,540.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,350/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1871
3,828 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Virginia Adams • Joe Tramonte Realty, Inc.
Mls Name: HAR
Mls Provider:
Mls ID: #78914435
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.