630 E Seaview Ridge DriveGallowayNJ08205
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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 630 E Seaview Ridge Drive, Galloway, NJ, 08205 priced at $675,000 converts $4,548/mo rent into after a $3,304/mo obligation. Total monthly income equals $4,548/mo. Return on cash invested prints 18.64% in year one, and rental yield reads 8.09% against a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation compiles into $186,490 by year five. Five-year ROI reaches 97.23% and total cumulative return in cash sums $215,919. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,548/mo property income covering a $3,304/mo payment, not borrower’s personal income.
Single Family
Built in 1989
1.04 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: Christine Holt • Keller Williams Shore Properties
Mls Name: MOMLS
Mls ID: #22522881