11 S Nashville Ave APT C4Ventnor 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
Rental property for sale in Ventnor City at 11 S Nashville Ave APT C4, Ventnor City, NJ, 08406 priced at $129,000 converts $1,794/mo rent into $875/mo cash flow after a $631/mo obligation. Total monthly income equals $1,794/mo, and annual cash flow totals $10,499/yr on $42,764 invested. Return on cash invested prints 44.46% in year one, and rental yield reads 16.69% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 235.74% and total cumulative return in cash sums $100,813. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,794/mo property income covering a $631/mo payment, not borrower’s personal income.
Condo
Built in 1925
N/A lot
$N/A/sqft
No HOA
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Listed by: Beth Pinero • FARLEY and FERRY REALTY, INC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #589642
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