3014 Howard 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
Total monthly income runs $1,380/mo, and a $979/mo payment. Purchase price stands at $200,000, and rental yield measures 8.28% with $1,380/mo rent. Return on cash invested shows 19.08% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 99.69% and total cumulative return in cash records $66,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,380/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1900
975 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: Daniel Smith • DANIEL J SMITH REAL ESTATE INC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594462
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.