Is West Cape May, NJ a good place to invest in rental property?

West Cape May, NJ has a median modeled monthly cash flow of $-8,525 and a median cap rate of -0.2%, on a median sold price of $1,450,000. Prices changed +24.3% year over year.

What is the average cap rate in West Cape May, NJ?

The median cap rate across recently sold homes in West Cape May, NJ is -0.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in West Cape May, NJ?

The median sold price in West Cape May, NJ is $1,450,000 (about $830 per square foot).

Investing in West Cape May, NJ Real Estate

A data-driven snapshot of the West Cape May, NJ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$1,450,000Median sold price

$830Median $/sqft

-0.2%Median cap rate

$-8,525Modeled cash flow / mo

+24.3%Appreciation YoY

4.7Months of supply

13Active listings

33Sold (last 12 mo)

What the West Cape May numbers say

In West Cape May, NJ, the median home sold for $1,450,000 (about $830 per square foot), and the typical deal models out to a -0.2% cap rate with a median $-8,525 of monthly cash flow. Sold prices moved +24.3% over the past year. Inventory sits at about 4.7 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Jersey markets to compare

See West Cape May cash-flowing listings

CashFlowRE ranks every for-sale home in West Cape May, NJ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen West Cape May deals, or browse the national market data.