10 Applegate DrFlorenceNJ08518
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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 Florence at 10 Applegate Dr, Florence, NJ, 08518 at $589,900 posts ROI 16.95% with from $3,701/mo rent. Total monthly income equals $3,701/mo. Return on cash invested measures 16.95% and rental yield reads 7.53% at the current $589,900. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $162,978 by year five. Five-year ROI prints 88.18% and total cumulative return in cash totals $171,129. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,701/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08518, Florence, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,661 (100%) |
| Owner Occupied HU | 1,760 (66.1%) |
| Renter Occupied HU | 735 (27.6%) |
| Vacant Housing Units | 166 ( 6.2%) |
| Median Home Value | $374,636 |
| Average Home Value | $418,322 |
Housing Distribution
Address Breakdown
Residential
2,362
Single Family
2,309
Multi-Family
53
Businesses
108
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Listed by: Jo Ann Stewart • BHHS Fox & Roach - Robbinsville
Mls Name: Bright MLS
Mls ID: #NJBL2092188