2300 Route 9 SCape 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
Rental property for sale in Cape May Court House at 2300 Route 9 S, Cape May Court House, NJ, 08210 generates $2,852/mo in rent and, after a $1,197/mo payment, leaves $1,109/mo in cash flow. Total monthly income is $2,852/mo, and annual cash flow is $13,305/yr on $81,085 invested. Return on cash invested sits at 36.32% in year one, and rental yield is 13.99% on a $244,600 entry. Equity gained on principal adds $1,578/yr, while 5% annual appreciation builds toward $67,578 over five years. Five-year ROI reaches 192.07% and total cumulative return in cash sums $155,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,852/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.27 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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