1 S Wissahickon AveVentnor CityNJ08406
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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 Ventnor City at 1 S Wissahickon Ave, Ventnor City, NJ, 08406 uses $193,781 cash to close to unlock $11,335/yr annual cash flow and $945/mo monthly cash flow. Total monthly income runs $5,143/mo, and a $2,883/mo payment keeps the spread at $945/mo. Purchase price stands at $589,000, and rental yield measures 10.48% with $5,143/mo rent. Return on cash invested shows 25.91% in year one, and 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 136.23% and total cumulative return in cash records $263,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,143/mo property income covering a $2,883/mo payment rather than investor’s personal income.
Single Family
Built in 1929
1,163 sqft lot
$N/A/sqft
No HOA
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Listed by: Jackie Walther • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJAC2020222