5000 Boardwalk APT 1904Ventnor 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 1904, Ventnor City, NJ, 08406 listed at $850,000 pairs $2,488/mo rent with a $4,160/mo payment. Total monthly income runs $2,488/mo. Return on cash invested measures 4.74% in year one, and rental yield registers 3.51% at a $850,000 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 22.7% and total cumulative return in cash totals $63,478. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,488/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
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Listed by: Linda Glass • Compass Real Estate-Moorestown
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #589042
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