24 N Vassar Sq, Ventnor, NJ, 08406 | $406/mo Cash Flow

For Sale

Fix & Flip

Motivated Seller

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

Investment property for sale in Ventnor at 24 N Vassar Sq, Ventnor, NJ, 08406 offers a 10.18% rental yield on a $299,000 purchase with $2,537/mo rent. Total monthly income registers $2,537/mo, and a $1,463/mo payment leaves $406/mo available for distribution. Annual cash flow reaches $4,875/yr on $99,119 to close, and return on cash invested stands at 24.83% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 130.48% and total cumulative return in cash at $129,334. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,537/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1930

2,178 sqft lot

$N/A/sqft

No HOA