1016 Route 9 SCape May Court HouseNJ08210
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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 Cape May Court House at 1016 Route 9 S, Cape May Court House, NJ, 08210 offers a 9.25% rental yield on a $125,000 purchase with $964/mo rent. Total monthly income registers $964/mo, and a $612/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $874/yr on $41,438 to close, and return on cash invested stands at 22.02% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 115.41% and total cumulative return in cash at $47,825. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $964/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08210, Cape May Court House, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,586 (100%) |
| Owner Occupied HU | 6,043 (70.4%) |
| Renter Occupied HU | 1,157 (13.5%) |
| Vacant Housing Units | 1,386 (16.1%) |
| Median Home Value | $477,600 |
| Average Home Value | $580,927 |
Housing Distribution
Address Breakdown
Residential
7,675
Single Family
7,661
Multi-Family
14
Businesses
682
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Listed by: Meredith Exum • NEW ERA REAL ESTATE-B
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #592924
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.