3536 Pacific 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
Rental property for sale in Atlantic City at 3536 Pacific Ave, Atlantic City, NJ, 08401 priced at $1,599,000 pairs $1,999/mo rent with after a $7,826/mo payment. Total monthly income equals $1,999/mo. Return on cash invested is -1.4% in year one, and rental yield stands at 1.5% on a $1,599,000 basis. Equity gained on principal adds $10,318/yr, and 5% annual appreciation accumulates to $441,774 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $1,999/mo property income against a $7,826/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1930
5,000 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: Mary Lou Ferry Wimmer • FARLEY and FERRY REALTY, INC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #589789
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. 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.