2015 Grant AveAtlantic CityNJ08401
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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 Atlantic City at 2015 Grant Ave, Atlantic City, NJ, 08401 earns $1,506/mo cash flow from $2,753/mo rent with a $856/mo payment. Total monthly income totals $2,753/mo, and annual cash flow totals $18,077/yr on $57,979 capital. ROI tracks 51.09% on current figures, and rental yield reads 18.89% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 271.3% and total cumulative return in cash sums $157,296. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,753/mo property income instead of your personal income.
Single Family
Built in N/A
679.50 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
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Listed by: Jo Ann Daly • Re/Max Select
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #596354
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.