16 S Buffalo AveVentnor 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 16 S Buffalo Ave, Ventnor City, NJ, 08406 priced at $489,000 converts $2,171/mo rent into after a $2,393/mo obligation. Total monthly income equals $2,171/mo. Return on cash invested prints 10.18% in year one, and rental yield reads 5.33% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 51.9% and total cumulative return in cash sums $84,130. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,171/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Condo
Built in 1926
N/A lot
$N/A/sqft
No HOA
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Listed by: Daniel Smith • DANIEL J SMITH REAL ESTATE INC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594033
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