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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Galveston at 310 E Sycamore St, Galveston, IN, 46932 priced at $170,000 pairs $1,588/mo rent with $546/mo cash flow after a $832/mo payment. Total monthly income equals $1,588/mo, and annual cash flow comes to $6,554/yr on $56,355 invested. Return on cash invested is 31.54% in year one, and rental yield stands at 11.21% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 165.21% and total cumulative return in cash reaches $93,105. For financing, Ziffy Mortgage’s DSCR program evaluates $1,588/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46932, Galveston, IN area.
| 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 |
Residential
1,064
Single Family
1,064
Multi-Family
0
Businesses
48
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Sold | $170,000 |
| 2025-07-22 | Pending sale | $189,500 |
| 2025-06-02 | Price change | $189,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $1668.24 | 10.04% | $89,400 | 7.71% |
| 2023-10-18 | $1516.00 | 142.64% | $83,000 | 8.07% |
| 2022-10-18 | $624.80 | 33.22% | $76,800 | -3.88% |
Listed by: Cali DeWitt • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516323
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
