19 Lakeview DrGalvestonTX77551
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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 19 Lakeview Dr, Galveston, TX, 77551 offers a 12.81% rental yield on a $449,888 purchase with $4,802/mo rent. Total monthly income registers $4,802/mo, and a $2,202/mo payment leaves $1,603/mo available for distribution. Annual cash flow reaches $19,233/yr on $149,138 to close, and return on cash invested stands at 32.81% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,296 over five years. Portfolio math shows five-year ROI at 173.2% and total cumulative return in cash at $258,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,802/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77551, Galveston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,786 (100%) |
| Owner Occupied HU | 4,136 (38.3%) |
| Renter Occupied HU | 4,914 (45.6%) |
| Vacant Housing Units | 1,736 (16.1%) |
| Median Home Value | $340,338 |
| Average Home Value | $396,421 |
Housing Distribution
Address Breakdown
Residential
10,270
Single Family
6,121
Multi-Family
4,149
Businesses
563
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Listed by: Marsae Batey • Coastal Living Properties
Mls Name: HAR
Mls Provider:
Mls ID: #55768494
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