6 Jessica CtCape May Court HouseNJ08210
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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
Rental property for sale in Cape May Court House at 6 Jessica Ct, Cape May Court House, NJ, 08210 offers $5,436/mo rent that, after a $3,304/mo payment, leaves $625/mo cash flow. Total monthly income is $5,436/mo, and annual cash flow is $7,494/yr on $222,072 cash. Return on cash invested measures 23.43% in year one, and rental yield stands at 9.66% at a $674,990 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,487 by year five. Five-year ROI records 122.96% and total cumulative return in cash reaches $273,060. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,436/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
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
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Nearby investment properties with comparable prices
Listed by: Online Sales Select Homes New Jersey • D.R. Horton - New Jersey
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A