38 Cape May AveDorothyNJ08317
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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 Dorothy at 38 Cape May Ave, Dorothy, NJ, 08317 earns $756/mo cash flow from $3,073/mo rent with a $1,591/mo payment. Total monthly income totals $3,073/mo, and annual cash flow totals $9,074/yr on $107,738 capital. ROI tracks 28.33% on current figures, and rental yield reads 11.35% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 149.27% and total cumulative return in cash sums $160,825. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,073/mo property income instead of your personal income.
Multi Family
Built in 1946
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08317, Dorothy, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 449 (100%) |
| Owner Occupied HU | 371 (82.6%) |
| Renter Occupied HU | 29 ( 6.5%) |
| Vacant Housing Units | 49 (10.9%) |
| Median Home Value | $315,517 |
| Average Home Value | $356,482 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
405
Multi-Family
0
Businesses
23
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Listed by: Frank Punzi • eXp REALTY
Mls Name: CMCAOR
Mls ID: #253071