4241 Pointe West Dr UNIT 301GalvestonTX77554
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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 4241 Pointe West Dr UNIT 301, Galveston, TX, 77554 earns from $4,248/mo rent with a $3,377/mo payment. Total monthly income totals $4,248/mo. ROI tracks 9.07% on current figures, and rental yield reads 7.39% at a $690,000 purchase. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,634 over five years. Five-year ROI reaches 48.63% and total cumulative return in cash sums $110,384. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,248/mo property income instead of your personal income.
Condo
Built in 2005
N/A lot
$N/A/sqft
$1,382 monthly 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: Suzie Austin • Keller Williams Premier Realty
Mls Name: HAR
Mls Provider:
Mls ID: #53494012
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