44 N Raleigh AveAtlantic CityNJ08401
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
Investment Highlights
Rental property for sale in Atlantic City at 44 N Raleigh Ave, Atlantic City, NJ, 08401 offers $3,020/mo rent that, after a $1,659/mo payment, leaves $604/mo cash flow. Total monthly income is $3,020/mo, and annual cash flow is $7,247/yr on $112,379 cash. Return on cash invested measures 26.36% in year one, and rental yield stands at 10.69% at a $339,000 entry. Equity gained on principal adds $2,188/yr while 5% annual appreciation compounds into $93,659 by year five. Five-year ROI records 138.65% and total cumulative return in cash reaches $155,812. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,020/mo property income versus a $1,659/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1,612 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: KENKIESHA GRANGER • KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Mls Name: SJSRMLS
Mls ID: #602412