166 E 63rd St APT 9B,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 166 E 63rd St APT 9B, New York, NY, 10065 uses $222,075 cash to close to unlock $2,355/yr annual cash flow and $196/mo monthly cash flow. Total monthly income runs $4,704/mo, and a $3,304/mo payment keeps the spread at $196/mo. Purchase price stands at $675,000, and rental yield measures 8.36% with $4,704/mo rent. Return on cash invested shows 21.12% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 109.96% and total cumulative return in cash records $244,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,704/mo property income covering a $3,304/mo payment rather than investor’s personal income.