2602 S Gerol CtGalvestonTX77551
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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 2602 S Gerol Ct, Galveston, TX, 77551 with 5% annual appreciation on a $498,599 basis while $2,400/mo rent supports operations. 59% in year one. Equity gained on principal adds $3,217/yr, and five-year appreciation sums $137,754 alongside rental yield of 5.78%. Five-year ROI measures 59.46% and total cumulative return in cash totals $98,280. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,400/mo property income versus a $2,440/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
8,100 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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