715 Nacote Creek PlGallowayNJ08205
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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 715 Nacote Creek Pl, Galloway, NJ, 08205 priced at $424,900 converts $4,147/mo rent into $1,118/mo cash flow after a $2,080/mo obligation. Total monthly income equals $4,147/mo, and annual cash flow totals $13,417/yr on $140,854 invested. Return on cash invested prints 29.43% in year one, and rental yield reads 11.71% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 155.18% and total cumulative return in cash sums $218,577. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,147/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1981
8,880 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: CASSANDRA SHOBER • COLDWELL BANKER ARGUS REAL ESTATE-Northfield
Mls Name: SJSRMLS
Mls ID: #599749