26930 Estuary DrGalvestonTX77554
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.53% gross rental yield, 26930 Estuary Dr, Galveston, TX, 77554 in Galveston is priced for capital growth, not immediate cash flow. The $889,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $245,614 by year five, with $8,188/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.65) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $99,708.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 8.0% |
| Monthly Cash Flow | $(3,747) | $200 |
City averages based on Galveston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,614 |
| Total Monthly Debt Service | $6,007 |
| DSCR Ratio | 0.44x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
3,998 sqft lot
$N/A/sqft
$470 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77554, Galveston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,066 (100%) |
| Owner Occupied HU | 2,959 (26.7%) |
| Renter Occupied HU | 1,512 (13.7%) |
| Vacant Housing Units | 6,595 (59.6%) |
| Median Home Value | $500,114 |
| Average Home Value | $542,522 |
Housing Distribution
Address Breakdown
Residential
7,075
Single Family
5,318
Multi-Family
1,757
Businesses
295
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
3,998 sqft lot
$N/A/sqft
$470 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77554, Galveston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,066 (100%) |
| Owner Occupied HU | 2,959 (26.7%) |
| Renter Occupied HU | 1,512 (13.7%) |
| Vacant Housing Units | 6,595 (59.6%) |
| Median Home Value | $500,114 |
| Average Home Value | $542,522 |
Housing Distribution
Address Breakdown
Residential
7,075
Single Family
5,318
Multi-Family
1,757
Businesses
295
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Larner • RE/MAX Leading Edge
Mls Name: HAR
Mls Provider:
Mls ID: #3623986
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