749 N Somerset Ave #1709,Ventnor City,NJ,08406

Investment Highlights

Investment property for sale in Ventnor City at 749 N Somerset Ave #1709, Ventnor City, NJ, 08406 offers a 9.07% rental yield on a $169,900 purchase with $1,284/mo rent. Total monthly income registers $1,284/mo, and a $832/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $871/yr on $56,322 to close, and return on cash invested stands at 21.45% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 112.39% and total cumulative return in cash at $63,302. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,284/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.