23 Windsor AveCape MayNJ08204
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 at 23 Windsor Ave, Cape May, NJ, 08204 earns from $2,944/mo rent with a $8,560/mo payment. Total monthly income totals $2,944/mo. ROI tracks 0.21% on current figures, and rental yield reads 2.02% at a $1,749,000 purchase. Equity gained on principal adds $11,286/yr, and 5% annual appreciation supports $483,216 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,944/mo property income instead of your personal income.
Single Family
Built in 1870
2,576 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08204, Cape May, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,314 (100%) |
| Owner Occupied HU | 5,777 (43.4%) |
| Renter Occupied HU | 1,718 (12.9%) |
| Vacant Housing Units | 5,819 (43.7%) |
| Median Home Value | $575,781 |
| Average Home Value | $665,846 |
Housing Distribution
Address Breakdown
Residential
9,319
Single Family
8,761
Multi-Family
558
Businesses
779
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Listed by: Fredric 'Rick' Spackman • Cape May County Real Estate Brokers LLC - CH
Mls Name: CMCAOR
Mls ID: #253483