2117 Murray 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 2117 Murray Ave, Atlantic City, NJ, 08401 listed at $255,000 pairs $2,302/mo rent with a $1,248/mo payment to leave $485/mo cash flow. Total monthly income runs $2,302/mo, and annual cash flow reaches $5,814/yr on $84,533 cash to close. Return on cash invested measures 26.79% in year one, and rental yield registers 10.83% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 140.99% and total cumulative return in cash totals $119,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,302/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5,249 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: Jeffrey Quintin • eXp REALTY
Mls Name: CMCAOR
Mls ID: #251971