510 E 14th Ave #103North WildwoodNJ08260
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 North Wildwood at 510 E 14th Ave #103, North Wildwood, NJ, 08260 generates $1,620/mo in rent, after a $1,738/mo payment. Total monthly income is $1,620/mo. Return on cash invested sits at 10.62% in year one, and rental yield is 5.48% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 54.3% and total cumulative return in cash sums $63,900. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Condo
Built in 1974
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle A Courtney • WILDWOODS REALTY
Mls Name: CMCAOR
Mls ID: #253114