10009 Sunset Dr APT 3Stone HarborNJ08247
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 Stone Harbor at 10009 Sunset Dr APT 3, Stone Harbor, NJ, 08247 generates $1,800/mo in rent, after a $7,562/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at -2.51% in year one, and rental yield is 1.4% on a $1,545,000 entry. Equity gained on principal adds $9,970/yr, while 5% annual appreciation builds toward $426,855 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$4,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08247, Stone Harbor, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,351 (100%) |
| Owner Occupied HU | 387 (11.5%) |
| Renter Occupied HU | 60 ( 1.8%) |
| Vacant Housing Units | 2,904 (86.7%) |
| Median Home Value | $1,855,882 |
| Average Home Value | $1,689,276 |
Housing Distribution
Address Breakdown
Residential
1,329
Single Family
1,250
Multi-Family
79
Businesses
216
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Allan H. Dechert • FERGUSON-DECHERT, INC
Mls Name: CMCAOR
Mls Provider:
Mls ID: #242526
Disclaimer: Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.