628 1st AveGallowayNJ08205
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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 628 1st Ave, Galloway, NJ, 08205 listed at $418,500 pairs $2,838/mo rent with a $2,048/mo payment. Total monthly income runs $2,838/mo. Return on cash invested measures 18.66% in year one, and rental yield registers 8.14% at a $418,500 basis. Equity gained on principal adds $2,701/yr, and annual property appreciation at 5% supports $115,624 by year five. Five-year ROI tracks 97.38% and total cumulative return in cash totals $135,100. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,838/mo property income relative to a $2,048/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.80 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: N/A • N/A
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