510 W Hampton Ct #C0023Cape May Court HouseNJ08210
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
Investment property for sale in Cape May Court House at 510 W Hampton Ct #C0023, Cape May Court House, NJ, 08210 listed at $609,000 pairs $2,400/mo rent with a $2,981/mo payment. Total monthly income runs $2,400/mo. Return on cash invested measures 8.43% in year one, and rental yield registers 4.73% at a $609,000 basis. Equity gained on principal adds $3,930/yr, and annual property appreciation at 5% supports $168,255 by year five. Five-year ROI tracks 42.51% and total cumulative return in cash totals $85,181. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $2,981/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08210, Cape May Court House, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,586 (100%) |
| Owner Occupied HU | 6,043 (70.4%) |
| Renter Occupied HU | 1,157 (13.5%) |
| Vacant Housing Units | 1,386 (16.1%) |
| Median Home Value | $477,600 |
| Average Home Value | $580,927 |
Housing Distribution
Address Breakdown
Residential
7,675
Single Family
7,661
Multi-Family
14
Businesses
682
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Henry William Blum Jr • A LEWIS PURDY REAL ESTATE INC
Mls Name: CMCAOR
Mls ID: #253448