2931 N Constitution RdCamdenNJ08104
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 2931 N Constitution Rd, Camden, NJ, 08104 in Camden achieves a 1.50 ratio at $205,000: $1,379/mo rent versus $922/mo debt service. Rental yield 8.07%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.07% yield compounds alongside 5% annual appreciation projecting $56,638 in value. Total projected cumulative return: $73,305.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 5.2% |
| Monthly Cash Flow | $(82) | $420 |
City averages based on Camden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,379 |
| Total Monthly Debt Service | $1,380 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1918
1,224 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08104, Camden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,685 (100%) |
| Owner Occupied HU | 2,486 (25.7%) |
| Renter Occupied HU | 5,929 (61.2%) |
| Vacant Housing Units | 1,270 (13.1%) |
| Median Home Value | $83,185 |
| Average Home Value | $136,318 |
Housing Distribution
Address Breakdown
Residential
8,599
Single Family
8,096
Multi-Family
503
Businesses
410
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 1918
1,224 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08104, Camden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,685 (100%) |
| Owner Occupied HU | 2,486 (25.7%) |
| Renter Occupied HU | 5,929 (61.2%) |
| Vacant Housing Units | 1,270 (13.1%) |
| Median Home Value | $83,185 |
| Average Home Value | $136,318 |
Housing Distribution
Address Breakdown
Residential
8,599
Single Family
8,096
Multi-Family
503
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dejaah Norman • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2110216