221 N Newark AveVentnorNJ08406
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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 at 221 N Newark Ave, Ventnor, NJ, 08406 priced at $775,000 pairs $3,116/mo rent with after a $3,793/mo payment. Total monthly income equals $3,116/mo. Return on cash invested is 8.73% in year one, and rental yield stands at 4.82% on a $775,000 basis. Equity gained on principal adds $5,001/yr, and 5% annual appreciation accumulates to $214,118 by year five. Five-year ROI measures 44.11% and total cumulative return in cash reaches $112,459. For financing, Ziffy Mortgage’s DSCR program evaluates $3,116/mo property income against a $3,793/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
4,500 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: ANGELA DESCH • KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #598696
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