717 Wabash AveAtlantic CityNJ08401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Atlantic City at 717 Wabash Ave, Atlantic City, NJ, 08401 at $269,900 posts ROI 18.93% with from $1,851/mo rent. Total monthly income equals $1,851/mo. Return on cash invested measures 18.93% and rental yield reads 8.23% at the current $269,900. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 by year five. Five-year ROI prints 98.88% and total cumulative return in cash totals $88,470. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,851/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
10,093 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08401, Atlantic City, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,687
Single Family
11,390
Multi-Family
7,297
Businesses
1,294
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DANIEL BODDY • CENTURY 21 FRICK REALTORS
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #597457
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.