3 Florence Tollgate Pl UNIT 2, Florence, NJ, 08518 | $86/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3 Florence Tollgate Pl UNIT 2, Florence, NJ, 08518 | $86/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Florence at 3 Florence Tollgate Pl UNIT 2, Florence, NJ, 08518 uses $46,377 cash to close to unlock $1,027/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $1,083/mo, and a $685/mo payment keeps the spread at $86/mo. Purchase price stands at $139,900, and rental yield measures 9.29% with $1,083/mo rent. Return on cash invested shows 22.12% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 116% and total cumulative return in cash records $53,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,083/mo property income covering a $685/mo payment rather than investor’s personal income.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

EASY LIVING MEETS MODERN CONDO COMFORT! Enjoy the best of low-maintenance living...your heating costs are included in the HOA fee! Here you will find comfort, style, and convenience. This home offers a smart layout and fresh upgrades: for the most part, brand new flooring throughout. New granite countertops and new bathroom vanities give a stylish new finish. The open-concept area of the living room, kitchen, and dining area flows to the sliders and front patio area. 1/2 bath services the Primary Bedroom. Say goodbye to yard work and home maintenance---this condo is move-in ready and offers the lock-and-leave lifestyle you've been looking for. This condo is tucked away on the edge of the community offering a rare blend of seclusion and convenience...set slightly apart from the main residential clusters, it enjoys a peaceful setting with minimal traffic and added privacy. THIS IS THE PLACE TO SIMPLIFY YOUR LIFE IN STYLE! ***more photos upcoming soon!***

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