807 N Derby AveVentnorNJ08406
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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
Rental property for sale in Ventnor at 807 N Derby Ave, Ventnor, NJ, 08406 priced at $609,000 converts $2,647/mo rent into after a $2,981/mo obligation. Total monthly income equals $2,647/mo. Return on cash invested prints 9.91% in year one, and rental yield reads 5.22% against a $609,000 entry. Equity gained on principal adds $3,930/yr, while 5% annual appreciation compiles into $168,255 by year five. Five-year ROI reaches 50.45% and total cumulative return in cash sums $101,081. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,647/mo property income covering a $2,981/mo payment, not borrower’s personal income.
Single Family
Built in 1974
4,808 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Nancy Kowalik • Your Home Sold Guaranteed Nancy Kowalik Group
Mls Name: My State MLS
Mls ID: #11619542