609 Church StGalvestonTX77550
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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 609 Church St, Galveston, TX, 77550 with 5% annual appreciation on a $239,500 basis while $1,532/mo rent supports operations. 33% in year one. Equity gained on principal adds $1,545/yr, and five-year appreciation sums $66,169 alongside rental yield of 7.68%. Five-year ROI measures 90.27% and total cumulative return in cash totals $71,665. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,532/mo property income versus a $1,172/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1916
2,509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77550, Galveston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,488 (100%) |
| Owner Occupied HU | 4,688 (30.3%) |
| Renter Occupied HU | 6,815 (44.0%) |
| Vacant Housing Units | 3,985 (25.7%) |
| Median Home Value | $342,409 |
| Average Home Value | $411,529 |
Housing Distribution
Address Breakdown
Residential
13,045
Single Family
9,541
Multi-Family
3,504
Businesses
1,145
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Listed by: David Bowers • Better Homes and Gardens Real Estate Gary Greene-Gary Greene-Galveston Intown
Mls Name: HAR
Mls Provider:
Mls ID: #61840584
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