13 93rd St #5Stone 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 13 93rd St #5, Stone Harbor, NJ, 08247 listed at $1,999,999 pairs $2,846/mo rent with a $9,789/mo payment. Total monthly income runs $2,846/mo. Return on cash invested measures -0.76% in year one, and rental yield registers 1.71% at a $1,999,999 basis. Equity gained on principal adds $12,906/yr, and annual property appreciation at 5% supports $552,563 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,846/mo property income relative to a $9,789/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1935
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: Stephan Frame • DILLER FISHER REALTORS
Mls Name: CMCAOR
Mls ID: #252939