84 Siegtown RdCape 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
Rental property for sale in Cape May Court House at 84 Siegtown Rd, Cape May Court House, NJ, 08210 priced at $199,000 converts $2,283/mo rent into $865/mo cash flow after a $974/mo obligation. Total monthly income equals $2,283/mo, and annual cash flow totals $10,375/yr on $65,969 invested. Return on cash invested prints 35.64% in year one, and rental yield reads 13.77% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 188.44% and total cumulative return in cash sums $124,314. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,283/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1988
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Paskesz • Westmarq Realty LLC
Mls Name: Bright MLS
Mls ID: #NJCM2006568