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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 Raleigh Ave APT 732, Atlantic City, NJ, 08401 uses $62,654 cash to close to unlock $1,739/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $1,492/mo, and a $925/mo payment keeps the spread at $145/mo. Purchase price stands at $189,000, and rental yield measures 9.47% with $1,492/mo rent. Return on cash invested shows 22.68% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 118.94% and total cumulative return in cash records $74,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,492/mo property income covering a $925/mo payment rather than investor’s personal income.
Condo
Built in N/A
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 |
|---|---|---|
| 2025-01-15 | Listed for sale | $189,000 |
| 2021-05-06 | Sold | $105,000 |
| 2020-12-21 | Sold | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-19 | $3094.42 | -8.61% | $86,800 | N/A |
| 2022-02-19 | $3386.07 | -0.84% | $86,800 | N/A |
| 2021-02-19 | $3414.71 | 4.53% | $86,800 | N/A |
Listed by: Jordan Kleinman • BHHS FOX and ROACH-Margate
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #592148
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.
