3902 3rd StGalvestonTX77554
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
Investment Highlights
Investment property for sale in Galveston at 3902 3rd St, Galveston, TX, 77554 uses $199,045 cash to close to unlock $7,815/yr annual cash flow and $651/mo monthly cash flow. Total monthly income runs $4,970/mo, and a $2,961/mo payment keeps the spread at $651/mo. Purchase price stands at $605,000, and rental yield measures 9.86% with $4,970/mo rent. Return on cash invested shows 23.99% in year one, and 5% annual appreciation builds toward $167,150 over five years. Five-year ROI reaches 125.94% and total cumulative return in cash records $250,678. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,970/mo property income covering a $2,961/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.64 Acres lot
$N/A/sqft
$200 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: Trinh Vu • Keller Williams Heritage West
Mls Name: HAR
Mls Provider:
Mls ID: #20382780
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.