1223 Harmon Cove Tower #1223SecaucusNJ07094
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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 Secaucus at 1223 Harmon Cove Tower #1223, Secaucus, NJ, 07094 listed at $350,000 pairs $2,053/mo rent with a $1,713/mo payment. Total monthly income runs $2,053/mo. Return on cash invested measures 15.34% in year one, and rental yield registers 7.04% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 79.6% and total cumulative return in cash totals $92,354. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,053/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Listed by: Avner Zvulun • REMAX SELECT
Mls Name: HCMLS
Mls ID: #250005707
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