37 Wildwood AveWoodbineNJ08270
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 Woodbine at 37 Wildwood Ave, Woodbine, NJ, 08270 generates $1,178/mo in rent and, after a $783/mo payment, leaves $38/mo in cash flow. Total monthly income is $1,178/mo, and annual cash flow is $455/yr on $53,007 invested. Return on cash invested sits at 20.77% in year one, and rental yield is 8.84% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 108.68% and total cumulative return in cash sums $57,606. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,178/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08270, Woodbine, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 2,409 (72.5%) |
| Renter Occupied HU | 473 (14.2%) |
| Vacant Housing Units | 440 (13.2%) |
| Median Home Value | $453,687 |
| Average Home Value | $496,683 |
Housing Distribution
Address Breakdown
Residential
2,748
Single Family
2,747
Multi-Family
1
Businesses
142
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Morris • Keller Williams Realty - Wildwood Crest
Mls Name: Bright MLS
Mls ID: #NJCM2005660