3817 Ventnor Ave APT 1505Atlantic 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 3817 Ventnor Ave APT 1505, Atlantic City, NJ, 08401 generates $1,180/mo in rent and, after a $758/mo payment, leaves $76/mo in cash flow. Total monthly income is $1,180/mo, and annual cash flow is $913/yr on $51,349 invested. Return on cash invested sits at 21.69% in year one, and rental yield is 9.14% on a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 113.68% and total cumulative return in cash sums $58,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,180/mo property income rather than buyer’s personal income.
Condo
Built in 1962
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
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Listed by: Alex Terranova • PLATINUM REAL ESTATE
Mls Name: SJSRMLS
Mls ID: #600132