1016 S Route 9 TRAILER 40Cape May Court HouseNJ08210
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 S Route 9 TRAILER 40, Cape May Court House, NJ, 08210 earns $81/mo cash flow from $1,435/mo rent with a $930/mo payment. Total monthly income totals $1,435/mo, and annual cash flow totals $968/yr on $62,985 capital. ROI tracks 21.45% on current figures, and rental yield reads 9.06% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 112.33% and total cumulative return in cash sums $70,752. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,435/mo property income instead of your personal income.
Manufactured
Built in 1999
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kriss Linder-Giles • BHHS Fox & Roach-Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCM2006032