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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% |
Investment property for sale in Atlantic City at 101 S Plaza Pl APT 1210, Atlantic City, NJ, 08401 offers a 2.41% rental yield on a $1,199,999 purchase with $2,411/mo rent. 41% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,538 over five years. Portfolio math shows five-year ROI at 4.81% and total cumulative return in cash at $18,719. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,411/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08401, Atlantic City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,611 (100%) |
| Owner Occupied HU | 3,813 (18.5%) |
| Renter Occupied HU | 12,388 (60.1%) |
| Vacant Housing Units | 4,410 (21.4%) |
| Median Home Value | $239,437 |
| Average Home Value | $322,912 |
Residential
18,687
Single Family
11,390
Multi-Family
7,297
Businesses
1,294
Date | Event | Price |
|---|---|---|
| 2025-04-08 | Listed for sale | $1,199,999 |
| 2012-06-22 | Sold | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $9610.37 | -3.17% | $278,400 | N/A |
| 2023-04-09 | $9924.96 | -8.61% | $278,400 | N/A |
| 2022-04-09 | $10860.38 | -0.84% | $278,400 | N/A |
Listed by: Jeffrey Quintin • eXp Realty - Ocean City S382K
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594988
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
