435 Mechanic StCamdenNJ08104
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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 435 Mechanic St, Camden, NJ, 08104 earns $108/mo cash flow from $1,105/mo rent with a $685/mo payment. Total monthly income totals $1,105/mo, and annual cash flow totals $1,291/yr on $46,377 capital. ROI tracks 22.69% on current figures, and rental yield reads 9.48% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 119.06% and total cumulative return in cash sums $55,215. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,105/mo property income instead of your personal income.
Townhouse
Built in 1910
1,128 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
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Listed by: Bishop Brar • Keller Williams Premier
Mls Name: Bright MLS
Mls ID: #NJCD2108054