301 E 61st St #12B,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 301 E 61st St #12B, New York, NY, 10065 listed at $849,602 pairs $9,712/mo rent with a $4,158/mo payment to leave $1,551/mo cash flow. Total monthly income runs $9,712/mo, and annual cash flow reaches $18,612/yr on $279,519 cash to close. Return on cash invested measures 26.72% in year one, and rental yield registers 13.72% at a $849,602 basis. Equity gained on principal adds $5,482/yr, and annual property appreciation at 5% supports $234,729 by year five. Five-year ROI tracks 143.84% and total cumulative return in cash totals $402,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $9,712/mo property income relative to a $4,158/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).