350 E 62nd St APT 1M, New York, NY, 10065 | $841/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New York at 350 E 62nd St APT 1M, New York, NY, 10065 earns $841/mo cash flow from $4,307/mo rent with a $2,540/mo payment. Total monthly income totals $4,307/mo, and annual cash flow totals $10,097/yr on $170,751 capital. ROI tracks 25.97% on current figures, and rental yield reads 9.96% at a $519,000 purchase. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 over five years. Five-year ROI reaches 135.99% and total cumulative return in cash sums $232,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,307/mo property income instead of your personal income.

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA