732 Whalers Cove CtGallowayNJ08205
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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 732 Whalers Cove Ct, Galloway, NJ, 08205 listed at $475,000 pairs $3,628/mo rent with a $2,325/mo payment to leave $242/mo cash flow. Total monthly income runs $3,628/mo, and annual cash flow reaches $2,906/yr on $157,463 cash to close. Return on cash invested measures 21.75% in year one, and rental yield registers 9.17% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 113.98% and total cumulative return in cash totals $179,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,628/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
4,792 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: Parisha Smith • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJAC2021804