8 Texas CtAtlantic 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 8 Texas Ct, Atlantic City, NJ, 08401 at $220,000 posts ROI 22.7% with $170/mo cash flow from $1,738/mo rent. Total monthly income equals $1,738/mo, and annual cash flow records $2,036/yr on $72,930 to close. Return on cash invested measures 22.7% and rental yield reads 9.48% at the current $220,000. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 by year five. Five-year ROI prints 119.06% and total cumulative return in cash totals $86,831.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,738/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
666.50 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
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Listed by: Silvette Rivera • WEICHERT REALTORS ASBURY GROUP-AC
Mls Name: SJSRMLS
Mls ID: #597967