1527 Harmon Cove TowerSecaucusNJ07094
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1527 Harmon Cove Tower, Secaucus, NJ, 07094 offers a 11.08% rental yield on a $387,900 purchase with $3,583/mo rent. Total monthly income registers $3,583/mo, and a $1,899/mo payment leaves $818/mo available for distribution. Annual cash flow reaches $9,812/yr on $128,589 to close, and return on cash invested stands at 27.54% in year one. Equity gained on principal adds $2,503/yr while 5% annual appreciation supports $107,170 over five years. Portfolio math shows five-year ROI at 145% and total cumulative return in cash at $186,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,583/mo property income against a $1,899/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Agnes Bowman • Keller Williams Park Views
Mls Name: GSMLS
Mls ID: #4005065