605 Beideman AveCamdenNJ08105
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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 605 Beideman Ave, Camden, NJ, 08105 offers a 11.9% rental yield on a $252,600 purchase with $2,506/mo rent. Total monthly income registers $2,506/mo, and a $1,236/mo payment leaves $706/mo available for distribution. Annual cash flow reaches $8,470/yr on $83,737 to close, and return on cash invested stands at 30.02% in year one. Equity gained on principal adds $1,630/yr while 5% annual appreciation supports $69,789 over five years. Portfolio math shows five-year ROI at 158.31% and total cumulative return in cash at $132,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,506/mo property income against a $1,236/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
3,397 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08105, Camden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,428 (100%) |
| Owner Occupied HU | 3,672 (38.9%) |
| Renter Occupied HU | 5,044 (53.5%) |
| Vacant Housing Units | 712 ( 7.6%) |
| Median Home Value | $119,307 |
| Average Home Value | $192,910 |
Housing Distribution
Address Breakdown
Residential
8,813
Single Family
8,190
Multi-Family
623
Businesses
443
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