308 Bay Breeze Blvd #308Cape 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
Total monthly income runs $4,111/mo, and a $3,132/mo payment. Purchase price stands at $640,000, and rental yield measures 7.71% with $4,111/mo rent. Return on cash invested shows 17.49% in year one, and 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 91.1% and total cumulative return in cash records $191,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,111/mo property income covering a $3,132/mo payment rather than investor’s personal income.
Townhouse
Built in 2017
N/A 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: Dorothy Phillips • BERKSHIRE HATHAWAY HS FOX & ROACH oc109
Mls Name: CMCAOR
Mls ID: #260068