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REI Lense

Cape May, NJ Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Cape May, NJ. Based on 10+ datapoints.

Cape May, NJ Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

3%

Avg Cash on Cash

-15.1%

Median Cashflow

-$1,660/mo

Avg Rent Estimate

$2,787/mo

Avg Price

$621,910

Price Range

$423,000 - $855,400

Rent to Price

0.45%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Cape May, NJ

Cape May, NJ is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 10+ analyzed properties, the median monthly cashflow in Cape May, NJ is -$1,660 with average rents of $2,787/month. Properties range from $423,000 to $855,400, offering entry points across multiple investment budgets.

124 Fishing Creek Rd, Cape May, NJ 08204

Price

$539,000

Rent

$2,753

CachFlow

-$1,182

CoC

-12.53

Full Analysis

124 Fishing Creek Road, Cape May, NJ 08204

Price

$539,000

Rent

$2,753

CachFlow

-$1,079

CoC

-11.44

Full Analysis

415-417 Portsmouth Rd, Cape May, NJ 08204

Price

$767,000

Rent

$3,052

CachFlow

-$2,254

CoC

-16.79

Full Analysis

14 Freedom Dr, Cape May, NJ 08204

Price

$615,100

Rent

$2,930

CachFlow

-$1,648

CoC

-15.31

Full Analysis

717 Pacific Ave, Cape May, NJ 08204

Price

$799,900

Rent

$2,771

CachFlow

-$2,485

CoC

-17.75

Full Analysis
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Cape May, NJ Rental Market Insights

  • Median cashflow is -$1,660/month — careful deal selection is essential here
  • 3% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Cape May, NJ requires selective property picks
  • Premium market with properties from $423,000 to $855,400
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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