311 E Wildwood Ave UNIT AWildwoodNJ08260
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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 Wildwood at 311 E Wildwood Ave UNIT A, Wildwood, NJ, 08260 at $789,000 posts ROI 6.82% with from $2,760/mo rent. Total monthly income equals $2,760/mo. Return on cash invested measures 6.82% and rental yield reads 4.2% at the current $789,000. Equity gained on principal adds $5,091/yr, and 5% annual appreciation supports $217,986 by year five. Five-year ROI prints 33.86% and total cumulative return in cash totals $87,886. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,760/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08260, Wildwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,124 (100%) |
| Owner Occupied HU | 3,826 (15.9%) |
| Renter Occupied HU | 2,433 (10.1%) |
| Vacant Housing Units | 17,865 (74.1%) |
| Median Home Value | $609,991 |
| Average Home Value | $665,370 |
Housing Distribution
Address Breakdown
Residential
7,555
Single Family
6,808
Multi-Family
747
Businesses
1,100
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Listed by: Levi Woodzell • CAPE RESORTS REALTY
Mls Name: CMCAOR
Mls ID: #252580