948 Bergen AveCamdenNJ08105
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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 948 Bergen Ave, Camden, NJ, 08105 earns $474/mo cash flow from $2,178/mo rent with a $1,170/mo payment. Total monthly income totals $2,178/mo, and annual cash flow totals $5,691/yr on $79,229 capital. ROI tracks 27.09% on current figures, and rental yield reads 10.94% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 142.63% and total cumulative return in cash sums $113,004. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,178/mo property income instead of your personal income.
Townhouse
Built in 1925
2,200 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: Ramona Torres • Weichert Realtors-Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2106314