1116 Stone Hbr #204Stone HarborNJ08247
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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
Investment property for sale in Stone Harbor at 1116 Stone Hbr #204, Stone Harbor, NJ, 08247 earns from $2,400/mo rent with a $8,737/mo payment. Total monthly income totals $2,400/mo. ROI tracks -2.18% on current figures, and rental yield reads 1.61% at a $1,785,000 purchase. Equity gained on principal adds $11,518/yr, and 5% annual appreciation supports $493,163 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Townhouse
Built in 2017
N/A lot
$N/A/sqft
No 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
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Listed by: N/A • LONG & FOSTER REAL ESTATE, INC sh
Mls Name: Long & Foster Broker Feed
Mls Provider:
Mls ID: #242978
Disclaimer: Listing information is deemed reliable, but not guaranteed.