608 Raritan StCamdenNJ08105
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 608 Raritan St, Camden, NJ, 08105 priced at $169,999 pairs $1,323/mo rent with $111/mo cash flow after a $832/mo payment. Total monthly income equals $1,323/mo, and annual cash flow comes to $1,336/yr on $56,355 invested. Return on cash invested is 22.28% in year one, and rental yield stands at 9.34% on a $169,999 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 116.83% and total cumulative return in cash reaches $65,841. For financing, Ziffy Mortgage’s DSCR program evaluates $1,323/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1940
1,263 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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Listed by: Fred Colon • Nest Seekers International
Mls Name: Bright MLS
Mls ID: #NJCD2102916