319 E Griffith St, Galveston, IN, 46932 | Equity Gain $903/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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319 E Griffith St, Galveston, IN, 46932 | Equity Gain $903/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Galveston at 319 E Griffith St, Galveston, IN, 46932 with 5% annual appreciation on a $140,000 basis while $0/mo rent supports operations. 81% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1940

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Completely updated and move-in ready! This charming 3-bedroom, 1-bath ranch offers peace of mind with a new roof, A/C, furnace, windows, electrical, water heater, refrigerator, and flooring, all within the last six years. You're greeted by a welcoming covered front porch that sets the tone for this inviting home. The stunning kitchen is the true highlight, featuring a large center island, modern finishes, and a designated dining area perfect for gatherings. The spacious family room offers plenty of natural light, creating a comfortable space to relax. Each of the three bedrooms are generously sized, providing flexibility for your lifestyle. The beautifully updated full bath features a tiled walk-in shower. Step outside to enjoy the backyard complete with a firepit, perfect for quiet evenings or entertaining friends. A detached two-car garage/shop provides ample room for parking, storage, or hobbies. With thoughtful updates and welcoming spaces, this home blends modern comfort with everyday functionality, a truly wonderful place to call home!

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