30 Mohave Drive UNIT 1202GallowayNJ08205
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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 30 Mohave Drive UNIT 1202, Galloway, NJ, 08205 generates $2,562/mo in rent and, after a $1,297/mo payment, leaves $433/mo in cash flow. Total monthly income is $2,562/mo, and annual cash flow is $5,198/yr on $87,848 invested. Return on cash invested sits at 25.83% in year one, and rental yield is 11.6% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 137.04% and total cumulative return in cash sums $120,387. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,562/mo property income rather than buyer’s personal income.
Townhouse
Built in 1988
435.60 sqft lot
$N/A/sqft
$240 monthly 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: Christina Barilla • Real Broker, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22507520
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.