524 Grant StCamdenNJ08102
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 524 Grant St, Camden, NJ, 08102 in Camden at $190,000 earns $1,447/mo in rent and nets $93/mo after the $854/mo payment, a 9.14% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $52,494 over five years. Ziffy Mortgage underwrites this on a 1.69 DSCR without U.S. credit history. With $1,750/yr in principal paydown, total projected return reaches $78,819.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 5.2% |
| Monthly Cash Flow | $93 | $420 |
City averages based on Camden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,447 |
| Total Monthly Debt Service | $1,279 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1900
871.20 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
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 1900
871.20 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: Tashell Demby • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJCD2106322