175 E 62nd St APT 14A,New York,NY,10065

Investment Highlights

Rental property for sale in New York at 175 E 62nd St APT 14A, New York, NY, 10065 generates $14,525/mo in rent and, after a $3,304/mo payment, leaves $2,777/mo in cash flow. Total monthly income is $14,525/mo, and annual cash flow is $33,327/yr on $222,075 invested. Return on cash invested sits at 35.07% in year one, and rental yield is 25.82% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 198.93% and total cumulative return in cash sums $441,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $14,525/mo property income rather than buyer’s personal income.