29 Westwood Dr WCape 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
Rental property for sale in Cape May at 29 Westwood Dr W, Cape May, NJ, 08204 priced at $267,100 pairs $2,388/mo rent with $484/mo cash flow after a $1,307/mo payment. Total monthly income equals $2,388/mo, and annual cash flow comes to $5,814/yr on $88,544 invested. Return on cash invested is 26.47% in year one, and rental yield stands at 10.73% on a $267,100 basis. Equity gained on principal adds $1,724/yr, and 5% annual appreciation accumulates to $73,795 by year five. Five-year ROI measures 139.31% and total cumulative return in cash reaches $123,351. For financing, Ziffy Mortgage’s DSCR program evaluates $2,388/mo property income against a $1,307/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A