107 Penn StCamdenNJ08102
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 107 Penn St, Camden, NJ, 08102 in Camden is narrow, $145/mo net on $2,461/mo rent after the $1,461/mo debt service, but the property operates at break-even-plus, not a loss. At $325,000 with a 9.09% yield, the long-run equity case via 5% appreciation ($89,792 over five years) and $2,993/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.68 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $133,926.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.2% |
| Monthly Cash Flow | $145 | $420 |
City averages based on Camden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,461 |
| Total Monthly Debt Service | $2,187 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1900
993 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08102, Camden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,485 (100%) |
| Owner Occupied HU | 691 (19.8%) |
| Renter Occupied HU | 2,403 (69.0%) |
| Vacant Housing Units | 391 (11.2%) |
| Median Home Value | $99,096 |
| Average Home Value | $169,048 |
Housing Distribution
Address Breakdown
Residential
3,134
Single Family
1,736
Multi-Family
1,398
Businesses
209
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
Townhouse
Built in 1900
993 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08102, Camden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,485 (100%) |
| Owner Occupied HU | 691 (19.8%) |
| Renter Occupied HU | 2,403 (69.0%) |
| Vacant Housing Units | 391 (11.2%) |
| Median Home Value | $99,096 |
| Average Home Value | $169,048 |
Housing Distribution
Address Breakdown
Residential
3,134
Single Family
1,736
Multi-Family
1,398
Businesses
209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacob Ayoub • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJCD2100034