5000 Boardwalk APT 310Ventnor 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 310, Ventnor City, NJ, 08406 uses $82,842 cash to close to unlock $2,603/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,998/mo, and a $1,223/mo payment keeps the spread at $217/mo. Purchase price stands at $249,900, and rental yield measures 9.59% with $1,998/mo rent. Return on cash invested shows 23.05% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 120.91% and total cumulative return in cash records $100,166. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,998/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Listed by: Daniel Rallo • KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #591473
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