717 N 9th 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
Rental property for sale in Camden at 717 N 9th St, Camden, NJ, 08102 generates $1,106/mo in rent and, after a $695/mo payment, leaves $94/mo in cash flow. Total monthly income is $1,106/mo, and annual cash flow is $1,126/yr on $47,073 invested. Return on cash invested sits at 22.3% in year one, and rental yield is 9.35% on a $142,000 entry. Equity gained on principal adds $916/yr, while 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 116.91% and total cumulative return in cash sums $55,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,106/mo property income rather than buyer’s personal income.
Townhouse
Built in 1910
1,093 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: Tobias Biddle • Quality Real Estate-Broad St
Mls Name: Bright MLS
Mls ID: #NJCD2101214