2138 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 2138 Harmon Cove Tower, Secaucus, NJ, 07094 generates $3,600/mo in rent and, after a $2,182/mo payment, leaves $422/mo in cash flow. Total monthly income is $3,600/mo, and annual cash flow is $5,069/yr on $147,775 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 9.69% on a $445,777 entry. Equity gained on principal adds $2,877/yr, while 5% annual appreciation builds toward $123,160 over five years. Five-year ROI reaches 122.47% and total cumulative return in cash sums $180,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Listed by: JENNIFER LEGORE • COLDWELL BANKER RESIDENTIAL BROKERAGE
Mls Name: HCMLS
Mls ID: #250025626