124 N Newport 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
Investment property for sale in Ventnor at 124 N Newport Ave, Ventnor, NJ, 08406 with 5% annual appreciation on a $1,100,000 basis while $4,602/mo rent supports operations. 47% in year one. Equity gained on principal adds $7,098/yr, and five-year appreciation sums $303,910 alongside rental yield of 5.02%. Five-year ROI measures 48.01% and total cumulative return in cash totals $171,091. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,602/mo property income versus a $5,384/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2009
1,625 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Beth Pinero • Farley & Ferry Realty Inc
Mls Name: Bright MLS
Mls ID: #NJAC2021496