4223 King Rail CirGalvestonTX77554
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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
Rental property for sale in Galveston at 4223 King Rail Cir, Galveston, TX, 77554 priced at $995,000 converts $3,871/mo rent into after a $4,870/mo obligation. Total monthly income equals $3,871/mo. Return on cash invested prints 8.31% in year one, and rental yield reads 4.67% against a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation compiles into $274,900 by year five. Five-year ROI reaches 41.85% and total cumulative return in cash sums $136,986. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,871/mo property income covering a $4,870/mo payment, not borrower’s personal income.
Single Family
Built in 2006
3,828 sqft lot
$N/A/sqft
No 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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