1705 Harmon Cove TowerSecaucusNJ07094
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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
Rental property for sale in Secaucus at 1705 Harmon Cove Tower, Secaucus, NJ, 07094 generates $3,583/mo in rent and, after a $2,271/mo payment, leaves $276/mo in cash flow. Total monthly income is $3,583/mo, and annual cash flow is $3,309/yr on $153,816 invested. Return on cash invested sits at 22.06% in year one, and rental yield is 9.27% on a $464,000 entry. Equity gained on principal adds $2,994/yr, while 5% annual appreciation builds toward $128,195 over five years. Five-year ROI reaches 115.61% and total cumulative return in cash sums $177,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,583/mo property income rather than buyer’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 Realty Inc.
Mls Name: NJMLS
Mls ID: #25032979