1129 Mediterranean AveAtlantic CityNJ08401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $2,310/mo, and a $1,649/mo payment. Purchase price stands at $336,900, and rental yield measures 8.23% with $2,310/mo rent. Return on cash invested shows 18.93% in year one, and 5% annual appreciation builds toward $93,079 over five years. Five-year ROI reaches 98.82% and total cumulative return in cash records $110,369. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,310/mo property income covering a $1,649/mo payment rather than investor’s personal income.
Townhouse
Built in 2006
2,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08401, Atlantic City, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,687
Single Family
11,390
Multi-Family
7,297
Businesses
1,294
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Howard Winters • KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #595736
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.