5000 Boardwalk APT 211Ventnor 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
Rental property for sale in Ventnor City at 5000 Boardwalk APT 211, Ventnor City, NJ, 08406 generates $2,582/mo in rent, after a $2,149/mo payment. Total monthly income is $2,582/mo. Return on cash invested sits at 15.39% in year one, and rental yield is 7.06% on a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 79.87% and total cumulative return in cash sums $116,240. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,582/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: DAVID CAMPBELL • Soleil Sotheby's International Realty - A
Mls Name: SJSRMLS
Mls ID: #603490