21 Florence Tollgate PlFlorenceNJ08518
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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 21 Florence Tollgate Pl, Florence, NJ, 08518 earns $86/mo cash flow from $906/mo rent with a $563/mo payment. Total monthly income totals $906/mo, and annual cash flow totals $1,034/yr on $38,123 capital. ROI tracks 22.62% on current figures, and rental yield reads 9.45% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 118.76% and total cumulative return in cash sums $45,273. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $906/mo property income instead of your personal income.
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: Jack Yao • Realmart Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJBL2088510