146 83rd St APT 1Stone 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 146 83rd St APT 1, Stone Harbor, NJ, 08247 offers a 1.75% rental yield on a $1,995,000 purchase with $2,915/mo rent. 62% in year one. Equity gained on principal adds $12,873/yr while 5% annual appreciation supports $551,182 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,915/mo property income against a $9,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
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: #252786