323 Gill Ln APT 7B, Iselin, NJ, 08830 | $357/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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323 Gill Ln APT 7B, Iselin, NJ, 08830 | $357/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 Iselin at 323 Gill Ln APT 7B, Iselin, NJ, 08830 listed at $299,000 pairs $2,488/mo rent with a $1,463/mo payment to leave $357/mo cash flow. Total monthly income runs $2,488/mo, and annual cash flow reaches $4,287/yr on $99,119 cash to close. Return on cash invested measures 24.23% in year one, and rental yield registers 9.99% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 127.29% and total cumulative return in cash totals $126,166. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,488/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in N/A

5.75 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your private retreat in the heart of Iselin! This stylish 1 bed, 1 bath end-unit condo offers the perfect blend of comfort, convenience, and modern updates. Make your way inside to beautiful refinished hardwood floors, a bright sun-filled living area, and an updated kitchen featuring quartz countertops, refinished cabinets, and 1-year old appliances. The upgraded bathroom feels like an oasis, while the spacious bedroom boasts a large closet. The partially finished basement adds endless versatility - whether you need a home office, gym, family room, or creative space - and includes in-unit laundry AND additional storage space! As a bonus, you get to relax outdoors on your private patio, surrounded by the peace of the woods. At Harrowsgate you enjoy worry-free living with a low HOA that covers water and heat - you only pay electric. The community is pet-friendly and offers a pool, school bus pickup, and a bus stop right at the entrance. Plus, you'll love the unbeatable location just, minutes from shopping, dining, major highways, Metropark, and quick commute to NYC. With its upgrades, charm, and prime location, this condo is a true hidden gem in one of Central NJ's most commuter-friendly neighborhoods - and it's perfect for the buyer looking for their starter home, or to downgrade. Don't miss the chance to make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 08830, Iselin, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,122 (100%)
Owner Occupied HU	4,099 (57.6%)
Renter Occupied HU	2,758 (38.7%)
Vacant Housing Units	265 ( 3.7%)
Median Home Value	$481,515
Average Home Value	$522,167