524 Grant StCamdenNJ08102
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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 524 Grant St, Camden, NJ, 08102 uses $62,985 cash to close to unlock $1,112/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $1,447/mo, and a $930/mo payment keeps the spread at $93/mo. Purchase price stands at $190,000, and rental yield measures 9.14% with $1,447/mo rent. Return on cash invested shows 21.67% in year one, and 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 113.55% and total cumulative return in cash records $71,520. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,447/mo property income covering a $930/mo payment rather than investor’s personal income.
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
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Listed by: Tashell Demby • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJCD2106322