5000 Boardwalk APT 1806Ventnor CityNJ08406
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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
Investment property for sale in Ventnor City at 5000 Boardwalk APT 1806, Ventnor City, NJ, 08406 offers a 6.63% rental yield on a $595,000 purchase with $3,285/mo rent. 2% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 73.46% and total cumulative return in cash at $143,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,285/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Listed by: MARK ARBEIT • NEW ERA REAL ESTATE-B
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #597218
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