3811 Spanish WlsGalvestonTX77554
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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 3811 Spanish Wls, Galveston, TX, 77554 at $599,000 posts ROI 16.02% with from $3,622/mo rent. Total monthly income equals $3,622/mo. Return on cash invested measures 16.02% and rental yield reads 7.26% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 83.27% and total cumulative return in cash totals $164,098. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,622/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
10,001 sqft lot
$N/A/sqft
$300 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
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Listed by: Lisa Carnes • Carnes Realty Group LLC
Mls Name: HAR
Mls Provider:
Mls ID: #78725480
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