5000 Boardwalk #416 & 417, Ventnor City, NJ, 08406 | 2.41% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,202/mo, and a $7,807/mo payment. Purchase price stands at $1,595,000, and rental yield measures 2.41% with $3,202/mo rent. Return on cash invested shows 1.41% in year one, and 5% annual appreciation builds toward $440,669 over five years. Five-year ROI reaches 4.77% and total cumulative return in cash records $24,665. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,202/mo property income covering a $7,807/mo payment rather than investor’s personal income.

Condo

Built in N/A

N/A lot

$N/A/sqft

No HOA