275 Mattix RunGallowayNJ08205
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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
Rental property for sale in Galloway at 275 Mattix Run, Galloway, NJ, 08205 priced at $199,000 pairs $1,509/mo rent with $91/mo cash flow after a $974/mo payment. Total monthly income equals $1,509/mo, and annual cash flow comes to $1,087/yr on $65,969 invested. Return on cash invested is 21.56% in year one, and rental yield stands at 9.1% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 112.94% and total cumulative return in cash reaches $74,502. For financing, Ziffy Mortgage’s DSCR program evaluates $1,509/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1,323 sqft 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: JoAnn Donahue • BHHS FOX and ROACH-Simpson OC
Mls Name: SJSRMLS
Mls ID: #601697