908 N 24th StCamdenNJ08105
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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 908 N 24th St, Camden, NJ, 08105 listed at $319,999 pairs $2,425/mo rent with a $1,566/mo payment to leave $144/mo cash flow. Total monthly income runs $2,425/mo, and annual cash flow reaches $1,732/yr on $106,080 cash to close. Return on cash invested measures 21.54% in year one, and rental yield registers 9.09% at a $319,999 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 112.86% and total cumulative return in cash totals $119,727. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,425/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1884
1,899 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: Terry Archie • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJCD2105804