404 E Denver AveWildwood CrestNJ08260
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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 Crest at 404 E Denver Ave, Wildwood Crest, NJ, 08260 listed at $335,000 pairs $3,142/mo rent with a $1,640/mo payment to leave $754/mo cash flow. Total monthly income runs $3,142/mo, and annual cash flow reaches $9,046/yr on $111,053 cash to close. Return on cash invested measures 28.05% in year one, and rental yield registers 11.25% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 147.76% and total cumulative return in cash totals $164,096. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,142/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
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: Jenn Smith • Romano Realty
Mls Name: Bright MLS
Mls ID: #NJCM2005876