2207 Surf Ave UNIT 106WildwoodNJ08260
INVESTMENT ANALYSIS
Investment Verdict
Solid Income2207 Surf Ave UNIT 106, Wildwood, NJ, 08260 in Wildwood carries a 1.52 coverage ratio, rent of $2,052/mo is 1.52 times the $1,349/mo payment. Rental yield 8.21%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $300,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $82,884; total projected cumulative return: $96,280.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $(306) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,052 |
| Total Monthly Debt Service | $2,239 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1952
N/A lot
$N/A/sqft
$659 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
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
Townhouse
Built in 1952
N/A lot
$N/A/sqft
$659 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices