32 S Richards Ave #2, Ventnor City, NJ, 08406 | 6.45% Rental Yield

For Sale

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 City at 32 S Richards Ave #2, Ventnor City, NJ, 08406 with 5% annual appreciation on a $399,000 basis while $2,146/mo rent supports operations. 58% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 6.45%. Five-year ROI measures 70.1% and total cumulative return in cash totals $92,726. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,146/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA