249 E 62nd St #7B, New York, NY, 10065 | ROI: 2.94%

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

- Bed
1 Bath
- sft

113 W 15th St #1E, New York, NY, 10011

5 Bed
3 Bath
- sft

18 Duryea Rd, Montclair, NJ, 07043

4 Bed
3 Bath
- sft

90-22 196th Street, Jamaica, NY, 11423

2 Bed
2 Bath
1164 sft

10 Nevins St, Brooklyn, NY, 11217

Nearby investment properties with comparable prices

2 Bed
2 Bath
1357 sft

55 Berry St APT 4F, Brooklyn, NY, 11249

3 Bed
6 Bath
- sft

214 Bellaire Dr, Demarest, NJ, 07627

6 Bed
7 Bath
- sft

424 E Ridgewood Ave, Paramus, NJ, 07652

Motivated Seller+ 1 more

5 Bed
5 Bath
3240 sft

2317 63rd St, Brooklyn, NY, 11204

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New York at 249 E 62nd St #7B, New York, NY, 10065 projects strong ROI of 2.94%. Rental yield 3.54%. With 5% annual appreciation, the property builds $682,415 in value over five years. Equity growth combined delivers a projected five-year ROI of 13.71%, translating into $109,732 in total cumulative return on $800,280 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Condo

Built in 2023

N/A lot

$N/A/sqft

$2,418 monthly HOA