720 Harmon Cove Tower #720SecaucusNJ07094
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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 720 Harmon Cove Tower #720, Secaucus, NJ, 07094 listed at $414,900 pairs $3,634/mo rent with a $2,031/mo payment to leave $676/mo cash flow. Total monthly income runs $3,634/mo, and annual cash flow reaches $8,117/yr on $137,539 cash to close. Return on cash invested measures 25.81% in year one, and rental yield registers 10.51% at a $414,900 basis. Equity gained on principal adds $2,677/yr, and annual property appreciation at 5% supports $114,629 by year five. Five-year ROI tracks 135.73% and total cumulative return in cash totals $186,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,634/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Listed by: RUCHIKA GOGIA • REMAX SELECT
Mls Name: HCMLS
Mls ID: #260001602