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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Margate at 1 S Douglas Ave UNIT 1, Margate, NJ, 08402 offers $5,398/mo rent that, after a $7,092/mo payment. Total monthly income is $5,398/mo. Return on cash invested measures 7.77% in year one, and rental yield stands at 4.47% at a $1,449,000 entry. Equity gained on principal adds $9,350/yr while 5% annual appreciation compounds into $400,332 by year five. Five-year ROI records 38.89% and total cumulative return in cash reaches $182,599. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,398/mo property income versus a $7,092/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08402, Margate City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,128 (100%) |
| Owner Occupied HU | 2,137 (30.0%) |
| Renter Occupied HU | 564 ( 7.9%) |
| Vacant Housing Units | 4,427 (62.1%) |
| Median Home Value | $680,658 |
| Average Home Value | $823,466 |
Residential
6,339
Single Family
5,112
Multi-Family
1,227
Businesses
256
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: DANA HARTMAN • BHHS FOX and ROACH-Margate II
Mls Name: SJSRMLS
Mls ID: #602597
