426 N State StCamdenNJ08102
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
Investment Highlights
Rental property for sale in Camden at 426 N State St, Camden, NJ, 08102 priced at $189,000 converts $1,800/mo rent into $453/mo cash flow after a $925/mo obligation. Total monthly income equals $1,800/mo, and annual cash flow totals $5,435/yr on $62,654 invested. Return on cash invested prints 28.58% in year one, and rental yield reads 11.43% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 150.6% and total cumulative return in cash sums $94,354. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,800/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 1905
1,721 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: Gregory D'Amico • BHHS Fox & Roach - Haddonfield
Mls Name: Bright MLS
Mls ID: #NJCD2110014