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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Atlantic City at 611 N Indiana Ave, Atlantic City, NJ, 08401 with 5% annual appreciation on a $299,900 basis while $2,557/mo rent supports operations. Total monthly income totals $2,557/mo and a $1,468/mo payment preserves $419/mo for cash returns. Annual cash flow comes to $5,031/yr on $99,417 deployed, and return on cash invested reaches 24.97% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 10.23%. Five-year ROI measures 131.23% and total cumulative return in cash totals $130,468.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,557/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
2,700 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08401, Atlantic City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,611 (100%) |
| Owner Occupied HU | 3,813 (18.5%) |
| Renter Occupied HU | 12,388 (60.1%) |
| Vacant Housing Units | 4,410 (21.4%) |
| Median Home Value | $239,437 |
| Average Home Value | $322,912 |
Residential
18,687
Single Family
11,390
Multi-Family
7,297
Businesses
1,294
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Penny Robinson • BHHS FOX and ROACH-Margate
Mls Name: SJSRMLS
Mls ID: #599263
