315 E 65th St APT 8F,New York,NY,10065

Investment Highlights

Rental property for sale in New York at 315 E 65th St APT 8F, New York, NY, 10065 generates $6,682/mo in rent and, after a $4,160/mo payment, leaves $1,006/mo in cash flow. Total monthly income is $6,682/mo, and annual cash flow is $12,074/yr on $279,650 invested. Return on cash invested sits at 24.38% in year one, and rental yield is 9.43% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 127.43% and total cumulative return in cash sums $356,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,682/mo property income rather than buyer’s personal income.