4800 Boardwalk APT 1003VentnorNJ08406
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
Investment property for sale in Ventnor at 4800 Boardwalk APT 1003, Ventnor, NJ, 08406 offers a 4.8% rental yield on a $495,000 purchase with $1,980/mo rent. 58% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 43.35% and total cumulative return in cash at $71,134. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JOANNE FERRARO • BHHS FOX and ROACH-Margate
Mls Name: SJSRMLS
Mls ID: #603564