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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Margate at 9010 Atlantic Ave APT 215, Margate, NJ, 08402 listed at $259,000 pairs $1,676/mo rent with a $1,268/mo payment. Total monthly income runs $1,676/mo. Return on cash invested measures 17.53% in year one, and rental yield registers 7.77% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 91.31% and total cumulative return in cash totals $78,400. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,676/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08402, Margate City, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,128 (100%) |
| Owner Occupied HU | 2,137 (30.0%) |
| Renter Occupied HU | 564 ( 7.9%) |
| Vacant Housing Units | 4,427 (62.1%) |
| Median Home Value | $680,658 |
| Average Home Value | $823,466 |
Residential
6,339
Single Family
5,112
Multi-Family
1,227
Businesses
256
Date | Event | Price |
|---|---|---|
| 2025-05-06 | Listed for sale | $259,000 |
| 2016-07-06 | Listing removed | $128,000 |
| 2016-03-02 | Price change | $128,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-07 | $2363.87 | 3.52% | $138,400 | N/A |
| 2023-05-07 | $2283.60 | 6.04% | $138,400 | N/A |
| 2022-05-07 | $2153.50 | 0.52% | $138,400 | N/A |
Listed by: Paula Hartman • BHHS FOX and ROACH-Margate
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #595943
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.
