1701 40th 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 1701 40th St, Galveston, TX, 77550 earns $37/mo cash flow from $2,284/mo rent with a $1,547/mo payment. Total monthly income totals $2,284/mo, and annual cash flow totals $438/yr on $104,754 capital. ROI tracks 20.33% on current figures, and rental yield reads 8.67% at a $315,999 purchase. Equity gained on principal adds $2,039/yr, and 5% annual appreciation supports $87,305 over five years. Five-year ROI reaches 106.31% and total cumulative return in cash sums $111,367. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,284/mo property income instead of your personal income.
Single Family
Built in 1958
2,199 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: Cynthia Corder • The Sears Group
Mls Name: HAR
Mls Provider:
Mls ID: #85710659
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