107 Penn StCamdenNJ08102
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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
Investment Highlights
Rental property for sale in Camden at 107 Penn St, Camden, NJ, 08102 priced at $325,000 pairs $2,461/mo rent with $144/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,461/mo, and annual cash flow comes to $1,730/yr on $107,738 invested. Return on cash invested is 21.51% in year one, and rental yield stands at 9.09% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 112.72% and total cumulative return in cash reaches $121,441. For financing, Ziffy Mortgage’s DSCR program evaluates $2,461/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
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
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Listed by: Jacob Ayoub • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJCD2100034