1508 Harmon Cove Tower #1508SecaucusNJ07094
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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 1508 Harmon Cove Tower #1508, Secaucus, NJ, 07094 offers a 10.54% rental yield on a $408,000 purchase with $3,583/mo rent. 9% in year one. Equity gained on principal adds $2,633/yr while 5% annual appreciation supports $112,723 over five years. Portfolio math shows five-year ROI at 86.18% and total cumulative return in cash at $116,563. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,583/mo property income against a $1,997/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,127 monthly HOA
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Listed by: Ruchika Gogia • REMAX SELECT
Mls Name: HCMLS
Mls ID: #250007687
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