247 Route 47 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
Investment property for sale in Cape May Court House at 247 Route 47 S, Cape May Court House, NJ, 08210 offers a 8.54% rental yield on a $751,800 purchase with $5,353/mo rent. 03% in year one. Equity gained on principal adds $4,851/yr while 5% annual appreciation supports $207,708 over five years. Portfolio math shows five-year ROI at 104.69% and total cumulative return in cash at $258,955. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,353/mo property income against a $3,680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
37.96 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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