175 E 62nd St APT 2C,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 175 E 62nd St APT 2C, New York, NY, 10065 uses $271,425 cash to close to unlock $130,497/yr annual cash flow and $10,875/mo monthly cash flow. Total monthly income runs $22,463/mo, and a $4,038/mo payment keeps the spread at $10,875/mo. Purchase price stands at $825,000, and rental yield measures 32.67% with $22,463/mo rent. Return on cash invested shows 68.14% in year one, and 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 371.82% and total cumulative return in cash records $1,009,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $22,463/mo property income covering a $4,038/mo payment rather than investor’s personal income.