2705 Ventnor Ave #3LongportNJ08403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Longport at 2705 Ventnor Ave #3, Longport, NJ, 08403 generates $3,718/mo in rent, after a $3,157/mo payment. Total monthly income is $3,718/mo. Return on cash invested sits at 15.09% in year one, and rental yield is 6.92% on a $645,000 entry. Equity gained on principal adds $4,162/yr, while 5% annual appreciation builds toward $178,202 over five years. Five-year ROI reaches 78.19% and total cumulative return in cash sums $165,928. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,718/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08403, Longport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,716 (100%) |
| Owner Occupied HU | 436 (25.4%) |
| Renter Occupied HU | 48 ( 2.8%) |
| Vacant Housing Units | 1,232 (71.8%) |
| Median Home Value | $982,394 |
| Average Home Value | $1,192,288 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,114
Multi-Family
329
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Pauls • Compass New Jersey-Ocean City
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #597789
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.