3 Patsys WayCape 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 3 Patsys Way, Cape May Court House, NJ, 08210 offers $6,430/mo rent that, after a $4,400/mo payment, leaves $22/mo cash flow. Total monthly income is $6,430/mo, and annual cash flow is $267/yr on $295,771 cash. Return on cash invested measures 20.15% in year one, and rental yield stands at 8.58% at a $899,000 entry. Equity gained on principal adds $5,801/yr while 5% annual appreciation compounds into $248,377 by year five. Five-year ROI records 105.35% and total cumulative return in cash reaches $311,602. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,430/mo property income versus a $4,400/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1 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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Listed by: William Albrecht • COMPASS RE - Avalon
Mls Name: CMCAOR
Mls ID: #251656