2805 Polk AveCamdenNJ08105
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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 Camden at 2805 Polk Ave, Camden, NJ, 08105 earns from $1,627/mo rent with a $1,125/mo payment. Total monthly income totals $1,627/mo. ROI tracks 19.73% on current figures, and rental yield reads 8.49% at a $229,911 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,520 over five years. Five-year ROI reaches 103.13% and total cumulative return in cash sums $78,603. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,627/mo property income instead of your personal income.
Single Family
Built in 1925
1,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08105, Camden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,428 (100%) |
| Owner Occupied HU | 3,672 (38.9%) |
| Renter Occupied HU | 5,044 (53.5%) |
| Vacant Housing Units | 712 ( 7.6%) |
| Median Home Value | $119,307 |
| Average Home Value | $192,910 |
Housing Distribution
Address Breakdown
Residential
8,813
Single Family
8,190
Multi-Family
623
Businesses
443
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Listed by: Tito Santiago • Garden State Properties Group - Merchantville
Mls Name: Bright MLS
Mls ID: #NJCD2103564