5000 Boardwalk APT 909VentnorNJ08406
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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 at 5000 Boardwalk APT 909, Ventnor, NJ, 08406 uses $65,969 cash to close to unlock $2,167/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $1,599/mo, and a $974/mo payment keeps the spread at $181/mo. Purchase price stands at $199,000, and rental yield measures 9.64% with $1,599/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 121.72% and total cumulative return in cash records $80,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,599/mo property income covering a $974/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: Robin Mitchell • BHHS FOX and ROACH-Margate
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594593
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