5402 Suffolk Ct #P06Ventnor 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 5402 Suffolk Ct #P06, Ventnor City, NJ, 08406 offers a 9.39% rental yield on a $170,000 purchase with $1,330/mo rent. Total monthly income registers $1,330/mo, and a $832/mo payment leaves $118/mo available for distribution. Annual cash flow reaches $1,420/yr on $56,355 to close, and return on cash invested stands at 22.43% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 117.66% and total cumulative return in cash at $66,309. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,330/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
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Listed by: Jacqueline Silva-Steuer • OCF REALTY, LLC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594311
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.