206 W Washington StGalvestonIN46932
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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 206 W Washington St, Galveston, IN, 46932 at $225,000 posts ROI 16.73% with from $1,153/mo rent. Total monthly income equals $1,153/mo. Return on cash invested measures 16.73% and rental yield reads 6.15% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 85.57% and total cumulative return in cash totals $63,825. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,153/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46932, Galveston, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 1,163 (79.4%) |
| Renter Occupied HU | 206 (14.1%) |
| Vacant Housing Units | 96 ( 6.6%) |
| Median Home Value | $181,312 |
| Average Home Value | $220,765 |
Housing Distribution
Address Breakdown
Residential
1,064
Single Family
1,064
Multi-Family
0
Businesses
48
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