929 Pearl StCamdenNJ08102
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 929 Pearl St, Camden, NJ, 08102 in Camden: $2,308/mo in rent, $1,159/mo net, 17.19% gross yield, all on a $161,100 acquisition. The 3.19 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $44,509 in value, and $1,484/yr in principal paydown steadily builds equity. Projected total cumulative return: $136,433.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.2% | 5.2% |
| Monthly Cash Flow | $1,159 | $420 |
City averages based on Camden market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,308 |
| Total Monthly Debt Service | $1,084 |
| DSCR Ratio | 2.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1909
840 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
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
Single Family
Built in 1909
840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A