19-1 Florence Tollgate PlFlorenceNJ08518
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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
Investment Highlights
Investment property for sale in Florence at 19-1 Florence Tollgate Pl, Florence, NJ, 08518 with 5% annual appreciation on a $119,900 basis while $954/mo rent supports operations. Total monthly income totals $954/mo and a $587/mo payment preserves $99/mo for cash returns. Annual cash flow comes to $1,191/yr on $39,747 deployed, and return on cash invested reaches 22.9% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 9.55%. Five-year ROI measures 120.25% and total cumulative return in cash totals $47,796.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $954/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1974
N/A 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: Josh Schwab • Deera Properties, LLC
Mls Name: Bright MLS
Mls ID: #NJBL2102392