100 E 24th AveWildwoodNJ08260
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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
Investment property for sale in Wildwood at 100 E 24th Ave, Wildwood, NJ, 08260 earns from $2,280/mo rent with a $9,422/mo payment. Total monthly income totals $2,280/mo. ROI tracks -1.64% on current figures, and rental yield reads 1.42% at a $1,925,000 purchase. Equity gained on principal adds $12,422/yr, and 5% annual appreciation supports $531,842 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Multi Family
Built in 1930
3,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08260, Wildwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,124 (100%) |
| Owner Occupied HU | 3,826 (15.9%) |
| Renter Occupied HU | 2,433 (10.1%) |
| Vacant Housing Units | 17,865 (74.1%) |
| Median Home Value | $609,991 |
| Average Home Value | $665,370 |
Housing Distribution
Address Breakdown
Residential
7,555
Single Family
6,808
Multi-Family
747
Businesses
1,100
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Listed by: Andrew Baus • BHHS Fox & Roach-Washington-Gloucester
Mls Name: Bright MLS
Mls ID: #NJCM2006694