REI Lense

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

3.3%

Avg Cash on Cash

-14.7%

Median Cashflow

-$1,182/mo

Avg Rent Estimate

$3,342/mo

Avg Price

$843,450

Price Range

$539,000 - $1,728,500

Rent to Price

0.4%

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 3.3%, 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 -$1,182 with average rents of $3,342/month. Properties range from $539,000 to $1,728,500, offering entry points across multiple investment budgets.

62 Cape Woods Rd, Cape May, NJ 08204

Price

$576,400

Rent

$3,604

CachFlow

-$805

CoC

-7.98

Full Analysis

205 Leaming Ave, Cape May, NJ 08204

Price

$625,000

Rent

$3,982

CachFlow

-$786

CoC

-7.19

Full Analysis

713 Shunpike Rd #715, Cape May, NJ 08204

Price

$552,500

Rent

$4,248

CachFlow

-$290

CoC

-3

Full Analysis

3955 Bayshore Rd, Cape May, NJ 08204

Price

$1,400,000

Rent

$3,253

CachFlow

-$5,950

CoC

-24.29

Full Analysis

2 Boothbay Dr, Cape May, NJ 08204

Price

$799,000

Rent

$3,989

CachFlow

-$1,833

CoC

-13.11

Full Analysis
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Cape May, NJ Rental Market Insights

  • Median cashflow is -$1,182/month — careful deal selection is essential here
  • 3.3% 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 $539,000 to $1,728,500
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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