213 E Hand Ave #9WildwoodNJ08260
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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 213 E Hand Ave #9, Wildwood, NJ, 08260 listed at $542,400 pairs $3,973/mo rent with a $2,655/mo payment. Total monthly income runs $3,973/mo. Return on cash invested measures 18.31% in year one, and rental yield registers 8.79% at a $542,400 basis. Equity gained on principal adds $3,500/yr, and annual property appreciation at 5% supports $149,855 by year five. Five-year ROI tracks 96.37% and total cumulative return in cash totals $171,972. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,973/mo property income relative to a $2,655/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1963
N/A lot
$N/A/sqft
$1,102 quarterly 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: Gina Romano • ROMANO REALTY LLC
Mls Name: CMCAOR
Mls Provider:
Mls ID: #242016
Disclaimer: Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.