1615 BallGalvestonTX77550
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
Rental property for sale in Galveston at 1615 Ball, Galveston, TX, 77550 priced at $485,000 pairs $3,629/mo rent with $180/mo cash flow after a $2,374/mo payment. Total monthly income equals $3,629/mo, and annual cash flow comes to $2,159/yr on $160,778 invested. Return on cash invested is 21.25% in year one, and rental yield stands at 8.98% on a $485,000 basis. Equity gained on principal adds $3,130/yr, and 5% annual appreciation accumulates to $133,997 by year five. Five-year ROI measures 111.24% and total cumulative return in cash reaches $178,850. For financing, Ziffy Mortgage’s DSCR program evaluates $3,629/mo property income against a $2,374/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1906
5,140 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: Charles Blakely • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #86132577
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.