2140 Harmon Cove Tower #3SecaucusNJ07094
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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 2140 Harmon Cove Tower #3, Secaucus, NJ, 07094 generates $6,208/mo in rent and, after a $2,669/mo payment, leaves $371/mo in cash flow. Total monthly income is $6,208/mo, and annual cash flow is $4,454/yr on $179,404 invested. Return on cash invested sits at 22.54% in year one, and rental yield is 13.66% on a $545,300 entry. Equity gained on principal adds $3,519/yr, while 5% annual appreciation builds toward $150,656 over five years. Five-year ROI reaches 122.92% and total cumulative return in cash sums $220,522. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,208/mo property income rather than buyer’s personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$1,950 monthly HOA
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Listed by: Neven Spralja • REALHOME SERVICES AND SOLUTIONS
Mls Name: HCMLS
Mls ID: #240006276
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