2 Harbor Front Plz, Elizabeth, NJ, 07206 | 7.3% Rental Yield

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2 Harbor Front Plz, Elizabeth, NJ, 07206 | 7.3% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elizabeth at 2 Harbor Front Plz, Elizabeth, NJ, 07206 priced at $665,000 converts $4,046/mo rent into after a $3,255/mo obligation. Total monthly income equals $4,046/mo. Return on cash invested prints 16.25% in year one, and rental yield reads 7.3% against a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation compiles into $183,727 by year five. Five-year ROI reaches 84.44% and total cumulative return in cash sums $184,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,046/mo property income covering a $3,255/mo payment, not borrower’s personal income.

Townhouse

Built in 2022

1,380 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this exceptional, nearly new modern contemporary townhouse, just 2 years young, offering the perfect blend of luxury, privacy, and functionality. This expansive residence features 3 spacious bedrooms, 3 full baths, 2 half baths, and a versatile first-floor den ideal as a guest room or 4th bedroom. Designed with an open-concept layout, the home showcases sleek modern finishes, oversized windows, and abundant natural light throughout. The chef-inspired kitchen flows seamlessly into the living and dining areasperfect for entertaining or everyday comfort. What truly sets this home apart are the stunning, unobstructed waterfront views enjoyed from multiple levels, including the family room and upper-floor bedrooms. Because of the home's thoughtful positioning, you'll experience exceptional privacy along with the scenic outlooksomething rarely found in waterfront communities. Located within a desirable gated community, residents benefit from convenient amenities including a playground just a comfortable distance awayclose enough for enjoyment, yet far enough to maintain peace and privacy. A two-car garage provides secure parking and extra storage space. Experience modern luxury living with space, light, privacy, and breathtaking viewsall in a prime location. Don't miss the opportunity to make this extraordinary townhouse your new home. Visit today! Property Being Sold in AS IS Condition

Neighborhood Data

Neighborhood data shown for ZIP Code: 07206, Elizabeth, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,664 (100%)
Owner Occupied HU	2,211 (22.9%)
Renter Occupied HU	6,964 (72.1%)
Vacant Housing Units	489 ( 5.1%)
Median Home Value	$469,591
Average Home Value	$536,483