1705 Harmon Cove Tower #1705SecaucusNJ07094








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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 1705 Harmon Cove Tower #1705, Secaucus, NJ, 07094 uses $153,816 cash to close to unlock $7,557/yr annual cash flow and $630/mo monthly cash flow. Total monthly income runs $3,937/mo, and a $2,271/mo payment keeps the spread at $630/mo. Purchase price stands at $464,000, and rental yield measures 10.18% with $3,937/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $128,195 over five years. Five-year ROI reaches 130.42% and total cumulative return in cash records $200,601. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,937/mo property income covering a $2,271/mo payment rather than investor’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Listed by: CATHY VICK • THE AGENCY - RUTHERFORD
Mls Name: HCMLS
Mls ID: #250018991








