2216 Victory AveGalvestonTX77551
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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 2216 Victory Ave, Galveston, TX, 77551 uses $124,313 cash to close to unlock $8,745/yr annual cash flow and $729/mo monthly cash flow. Total monthly income runs $3,395/mo, and a $1,835/mo payment keeps the spread at $729/mo. Purchase price stands at $375,000, and rental yield measures 10.86% with $3,395/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 141.78% and total cumulative return in cash records $176,247. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,395/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Multi Family
Built in 2011
6,298 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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