208 New York AveNorth WildwoodNJ08260
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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
Rental property for sale in North Wildwood at 208 New York Ave, North Wildwood, NJ, 08260 priced at $949,000 pairs $2,280/mo rent with after a $4,645/mo payment. Total monthly income equals $2,280/mo. Return on cash invested is 2.82% in year one, and rental yield stands at 2.88% on a $949,000 basis. Equity gained on principal adds $6,124/yr, and 5% annual appreciation accumulates to $262,191 by year five. Five-year ROI measures 12.43% and total cumulative return in cash reaches $38,820. For financing, Ziffy Mortgage’s DSCR program evaluates $2,280/mo property income against a $4,645/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
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: Christopher Ferzoco • KELLER WILLIAMS REALTY JERSEY SHORE - SIC
Mls Name: CMCAOR
Mls ID: #260188