6 Meadow Valley RdCape 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 Meadow Valley Rd, Cape May Court House, NJ, 08210 priced at $649,000 pairs $3,443/mo rent with after a $3,177/mo payment. Total monthly income equals $3,443/mo. Return on cash invested is 13.41% in year one, and rental yield stands at 6.37% on a $649,000 basis. Equity gained on principal adds $4,188/yr, and 5% annual appreciation accumulates to $179,307 by year five. Five-year ROI measures 69.2% and total cumulative return in cash reaches $147,756. For financing, Ziffy Mortgage’s DSCR program evaluates $3,443/mo property income against a $3,177/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
1.20 Acres 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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Listed by: Sean Patrick McMullan • CAPE ISLANDS REALTY, LLC
Mls Name: CMCAOR
Mls ID: #260218