6300 Seawall Blvd #6101GalvestonTX77551
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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 6300 Seawall Blvd #6101, Galveston, TX, 77551 uses $45,581 cash to close to unlock $1,275/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,084/mo, and a $673/mo payment keeps the spread at $106/mo. Purchase price stands at $137,500, and rental yield measures 9.46% with $1,084/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $37,989 over five years. Five-year ROI reaches 119.14% and total cumulative return in cash records $54,305. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,084/mo property income covering a $673/mo payment rather than investor’s personal income.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77551, Galveston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,786 (100%) |
| Owner Occupied HU | 4,136 (38.3%) |
| Renter Occupied HU | 4,914 (45.6%) |
| Vacant Housing Units | 1,736 (16.1%) |
| Median Home Value | $340,338 |
| Average Home Value | $396,421 |
Housing Distribution
Address Breakdown
Residential
10,270
Single Family
6,121
Multi-Family
4,149
Businesses
563
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