3501 Pacific Ave APT 96Atlantic CityNJ08401
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $169,900, 3501 Pacific Ave APT 96, Atlantic City, NJ, 08401 in Atlantic City generates $1,327/mo in rent (9.37% yield) but nets only $116/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.74) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $46,940. Total projected return: $72,603.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.5% |
| Monthly Cash Flow | $116 | $850 |
City averages based on Atlantic City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,327 |
| Total Monthly Debt Service | $1,143 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in N/A
N/A 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
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
Condo
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Herbert Hartman,Jr • BOARDWALK REALTY
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #591751
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.