3700 Boardwalk APT 204SSea Isle CityNJ08243
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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
Investment property for sale in Sea Isle City at 3700 Boardwalk APT 204S, Sea Isle City, NJ, 08243 listed at $806,500 pairs $3,658/mo rent with a $3,947/mo payment. Total monthly income runs $3,658/mo. Return on cash invested measures 5.18% in year one, and rental yield registers 5.44% at a $806,500 basis. Equity gained on principal adds $5,204/yr, and annual property appreciation at 5% supports $222,821 by year five. Five-year ROI tracks 27.03% and total cumulative return in cash totals $71,732. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,658/mo property income relative to a $3,947/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1973
N/A lot
$N/A/sqft
$1,200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08243, Sea Isle City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,031 (100%) |
| Owner Occupied HU | 962 (13.7%) |
| Renter Occupied HU | 141 ( 2.0%) |
| Vacant Housing Units | 5,928 (84.3%) |
| Median Home Value | $970,423 |
| Average Home Value | $1,096,913 |
Housing Distribution
Address Breakdown
Residential
2,411
Single Family
2,306
Multi-Family
105
Businesses
237
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Listed by: N/A • N/A
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