236 N Derby Ave APT 1005Ventnor CityNJ08406
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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 Ventnor City at 236 N Derby Ave APT 1005, Ventnor City, NJ, 08406 earns from $1,992/mo rent with a $1,395/mo payment. Total monthly income totals $1,992/mo. ROI tracks 19.41% on current figures, and rental yield reads 8.39% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 101.42% and total cumulative return in cash sums $95,814. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,992/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
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Listed by: Stacey Gogol • MARKETPLACE REALTY
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #598450
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