123 32nd St W #SEASea Isle CityNJ08243
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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 Sea Isle City at 123 32nd St W #SEA, Sea Isle City, NJ, 08243 earns from $2,845/mo rent with a $5,869/mo payment. Total monthly income totals $2,845/mo. ROI tracks 2.76% on current figures, and rental yield reads 2.85% at a $1,199,000 purchase. Equity gained on principal adds $7,737/yr, and 5% annual appreciation supports $331,262 over five years. Five-year ROI reaches 12.04% and total cumulative return in cash sums $46,761. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,845/mo property income instead of your personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08243, Sea Isle City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,031 (100%) |
| Owner Occupied HU | 962 (13.7%) |
| Renter Occupied HU | 141 ( 2.0%) |
| Vacant Housing Units | 5,928 (84.3%) |
| Median Home Value | $970,423 |
| Average Home Value | $1,096,913 |
Housing Distribution
Address Breakdown
Residential
2,411
Single Family
2,306
Multi-Family
105
Businesses
237
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Listed by: Susan Giordano • LONG & FOSTER REAL ESTATE, INC sic
Mls Name: CMCAOR
Mls ID: #253452