1 E 66th St APT 6B,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 1 E 66th St APT 6B, New York, NY, 10065 listed at $1,600,000 pairs $12,989/mo rent with a $7,831/mo payment. Total monthly income runs $12,989/mo. Return on cash invested measures 17.81% in year one, and rental yield registers 9.74% at a $1,600,000 basis. Equity gained on principal adds $10,325/yr, and annual property appreciation at 5% supports $442,051 by year five. Five-year ROI tracks 95% and total cumulative return in cash totals $492,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $12,989/mo property income relative to a $7,831/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).