6 N Newport Ave #A-6Ventnor 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 6 N Newport Ave #A-6, Ventnor City, NJ, 08406 offers a 9.08% rental yield on a $299,999 purchase with $2,271/mo rent. Total monthly income registers $2,271/mo, and a $1,468/mo payment leaves $133/mo available for distribution. Annual cash flow reaches $1,596/yr on $99,450 to close, and return on cash invested stands at 21.51% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 112.66% and total cumulative return in cash at $112,044. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,271/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Listed by: Angela Desch • KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #595826
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