1A N Douglas AveMargateNJ08402
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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 Margate at 1A N Douglas Ave, Margate, NJ, 08402 at $1,949,000 posts ROI 5.32% with from $5,972/mo rent. Total monthly income equals $5,972/mo. Return on cash invested measures 5.32% and rental yield reads 3.68% at the current $1,949,000. Equity gained on principal adds $12,577/yr, and 5% annual appreciation supports $538,473 by year five. Five-year ROI prints 25.77% and total cumulative return in cash totals $162,735. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,972/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08402, Margate City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,128 (100%) |
| Owner Occupied HU | 2,137 (30.0%) |
| Renter Occupied HU | 564 ( 7.9%) |
| Vacant Housing Units | 4,427 (62.1%) |
| Median Home Value | $680,658 |
| Average Home Value | $823,466 |
Housing Distribution
Address Breakdown
Residential
6,339
Single Family
5,112
Multi-Family
1,227
Businesses
256
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Listed by: DANA HARTMAN • BHHS FOX and ROACH-Margate II
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #598564
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.