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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Galveston at 524 Raleigh Rd, Galveston, IN, 46932 listed at $264,900 pairs $1,574/mo rent with a $1,297/mo payment. Total monthly income runs $1,574/mo. Return on cash invested measures 19.68% in year one, and rental yield registers 7.13% at a $264,900 basis. Equity gained on principal adds $1,709/yr, and annual property appreciation at 5% supports $73,187 by year five. Five-year ROI tracks 101.4% and total cumulative return in cash totals $89,048. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,574/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46932, Galveston, IN area.
| 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 |
Residential
1,064
Single Family
1,064
Multi-Family
0
Businesses
48
Date | Event | Price |
|---|---|---|
| 2025-04-21 | Listed for sale | $264,900 |
| 2017-04-19 | Sold | $115,000 |
| 2010-11-25 | Listing removed | $124,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $1429.88 | 14.85% | $148,700 | 10.48% |
| 2023-04-22 | $1245.00 | 4.10% | $134,600 | 5.90% |
| 2022-04-22 | $1196.00 | 4.00% | $127,100 | 4.27% |
What's Special
Storage
Listed by: Brett B Walker • The Wyman Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513724
Disclaimer: IDX information is provided exclusively for 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.
