114 W Main StCape 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 114 W Main St, Cape May Court House, NJ, 08210 listed at $375,900 pairs $1,863/mo rent with a $1,840/mo payment. Total monthly income runs $1,863/mo. Return on cash invested measures 12.05% in year one, and rental yield registers 5.95% at a $375,900 basis. Equity gained on principal adds $2,426/yr, and annual property appreciation at 5% supports $103,854 by year five. Five-year ROI tracks 61.93% and total cumulative return in cash totals $77,169. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,863/mo property income relative to a $1,840/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.36 Acres 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: Jonathan Oundo • deSatnick Real Estate LLC - North Wildwood
Mls Name: CMCAOR
Mls ID: #253474