901 Keener AvenueAtlantic CityNJ08401
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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 Atlantic City at 901 Keener Avenue, Atlantic City, NJ, 08401 priced at $1,990,000 pairs $2,756/mo rent with after a $9,740/mo payment. Total monthly income equals $2,756/mo. Return on cash invested is -0.9% in year one, and rental yield stands at 1.66% on a $1,990,000 basis. Equity gained on principal adds $12,841/yr, and 5% annual appreciation accumulates to $549,800 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,756/mo property income against a $9,740/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1900
871.20 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: Pamela C Garrett • Elite Team Realty, LLC
Mls Name: MOMLS
Mls Provider:
Mls ID: #22424191
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.