503 S Seaview AveGallowayNJ08205
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 503 S Seaview Ave, Galloway, NJ, 08205 earns $212/mo cash flow from $3,768/mo rent with a $2,442/mo payment. Total monthly income totals $3,768/mo, and annual cash flow totals $2,539/yr on $165,419 capital. ROI tracks 21.44% on current figures, and rental yield reads 9.06% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 112.31% and total cumulative return in cash sums $185,778. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,768/mo property income instead of your personal income.
Single Family
Built in 1965
0.59 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: Jessica DiFrancia • Keller Williams Realty - Atlantic Shore
Mls Name: Bright MLS
Mls ID: #NJAC2021004