709 N Dudley Ave #603Ventnor 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 709 N Dudley Ave #603, Ventnor City, NJ, 08406 listed at $165,000 pairs $2,032/mo rent with a $808/mo payment to leave $856/mo cash flow. Total monthly income runs $2,032/mo, and annual cash flow reaches $10,266/yr on $54,698 cash to close. Return on cash invested measures 38.68% in year one, and rental yield registers 14.78% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 204.78% and total cumulative return in cash totals $112,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,032/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
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Listed by: Milena Hotinova • KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #591077
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