1160 3rd Ave, New York, NY, 10065 | $3,994/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York at 1160 3rd Ave, New York, NY, 10065 offers a 15.5% rental yield on a $1,125,000 purchase with $14,532/mo rent. Total monthly income registers $14,532/mo, and a $5,506/mo payment leaves $3,994/mo available for distribution. Annual cash flow reaches $47,925/yr on $364,500 to close, and return on cash invested stands at 33.52% in year one. Equity gained on principal adds $7,259/yr while 5% annual appreciation supports $310,817 over five years. Portfolio math shows five-year ROI at 179.99% and total cumulative return in cash at $656,060. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $14,532/mo property income against a $5,506/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1965

N/A lot

$N/A/sqft

$3,026 monthly HOA