4800 Boardwalk APT 205VentnorNJ08406
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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 Ventnor at 4800 Boardwalk APT 205, Ventnor, NJ, 08406 generates $2,760/mo in rent, after a $2,687/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 12.4% in year one, and rental yield is 6.03% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 63.78% and total cumulative return in cash sums $115,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
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Listed by: JOANNE FERRARO • BHHS FOX and ROACH-Margate
Mls Name: SJSRMLS
Mls ID: #600390