119 Mohican DrGallowayNJ08205
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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 Galloway at 119 Mohican Dr, Galloway, NJ, 08205 uses $116,025 cash to close to unlock $5,008/yr annual cash flow and $417/mo monthly cash flow. Total monthly income runs $2,912/mo, and a $1,713/mo payment keeps the spread at $417/mo. Purchase price stands at $350,000, and rental yield measures 9.98% with $2,912/mo rent. Return on cash invested shows 24.23% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 127.25% and total cumulative return in cash records $147,638. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,912/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08205, Absecon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,841 (100%) |
| Owner Occupied HU | 8,125 (68.6%) |
| Renter Occupied HU | 3,044 (25.7%) |
| Vacant Housing Units | 672 ( 5.7%) |
| Median Home Value | $328,255 |
| Average Home Value | $395,734 |
Housing Distribution
Address Breakdown
Residential
11,601
Single Family
11,514
Multi-Family
87
Businesses
509
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Listed by: BRETT NEAL • Shoreside Realty LLC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #597146
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. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.