103 N Baltimore AveVentnorNJ08406
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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
Rental property for sale in Ventnor at 103 N Baltimore Ave, Ventnor, NJ, 08406 priced at $750,000 converts $2,754/mo rent into after a $3,671/mo obligation. Total monthly income equals $2,754/mo. Return on cash invested prints 7.45% in year one, and rental yield reads 4.41% against a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation compiles into $207,211 by year five. Five-year ROI reaches 37.25% and total cumulative return in cash sums $91,914. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,754/mo property income covering a $3,671/mo payment, not borrower’s personal income.
Single Family
Built in 1930
2,888 sqft lot
$N/A/sqft
No HOA
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Listed by: Thomas Dati • Keller Williams Realty Jersey Shore-Ocean City
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #598682
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