1160 3rd Ave APT 15F,New York,NY,10065

Investment Highlights

Rental property for sale in New York at 1160 3rd Ave APT 15F, New York, NY, 10065 generates $3,984/mo in rent and, after a $2,227/mo payment, leaves $946/mo in cash flow. Total monthly income is $3,984/mo, and annual cash flow is $11,347/yr on $150,833 invested. Return on cash invested sits at 27.43% in year one, and rental yield is 10.51% on a $455,000 entry. Equity gained on principal adds $2,936/yr, while 5% annual appreciation builds toward $125,708 over five years. Five-year ROI reaches 143.83% and total cumulative return in cash sums $216,940. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,984/mo property income rather than buyer’s personal income.