940 Morton StCamdenNJ08104
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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 940 Morton St, Camden, NJ, 08104 listed at $150,000 pairs $1,158/mo rent with a $734/mo payment to leave $89/mo cash flow. Total monthly income runs $1,158/mo, and annual cash flow reaches $1,068/yr on $49,725 cash to close. Return on cash invested measures 22.06% in year one, and rental yield registers 9.26% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 115.58% and total cumulative return in cash totals $57,474. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,158/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1900
950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08104, Camden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,685 (100%) |
| Owner Occupied HU | 2,486 (25.7%) |
| Renter Occupied HU | 5,929 (61.2%) |
| Vacant Housing Units | 1,270 (13.1%) |
| Median Home Value | $83,185 |
| Average Home Value | $136,318 |
Housing Distribution
Address Breakdown
Residential
8,599
Single Family
8,096
Multi-Family
503
Businesses
410
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Listed by: Carol Terrell • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJCD2096292