314 E Leaming Ave #201WildwoodNJ08260
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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 314 E Leaming Ave #201, Wildwood, NJ, 08260 earns from $2,062/mo rent with a $1,565/mo payment. Total monthly income totals $2,062/mo. ROI tracks 16.07% on current figures, and rental yield reads 7.74% at a $319,777 purchase. Equity gained on principal adds $2,063/yr, and 5% annual appreciation supports $88,348 over five years. Five-year ROI reaches 83.98% and total cumulative return in cash sums $89,021. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,062/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$122 monthly 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: Colleen Johnston • LONG & FOSTER REAL ESTATE, INC nwnj
Mls Name: CMCAOR
Mls Provider:
Mls ID: #243015
Disclaimer: Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.