2040 Hamilton Ave, Atlantic City, NJ, 08401 | 8.21% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,847/mo, and a $1,321/mo payment. Purchase price stands at $269,900, and rental yield measures 8.21% with $1,847/mo rent. Return on cash invested shows 18.88% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 98.6% and total cumulative return in cash records $88,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,847/mo property income covering a $1,321/mo payment rather than investor’s personal income.

Single Family

Built in 1955

1,305 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