350 E 62nd St APT 1N, New York, NY, 10065 | $866/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 1N, New York, NY, 10065 uses $164,093 cash to close to unlock $10,395/yr annual cash flow and $866/mo monthly cash flow. Total monthly income runs $4,172/mo, and a $2,423/mo payment keeps the spread at $866/mo. Purchase price stands at $495,000, and rental yield measures 10.11% with $4,172/mo rent. Return on cash invested shows 26.24% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 137.47% and total cumulative return in cash records $225,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,172/mo property income covering a $2,423/mo payment rather than investor’s personal income.

Condo

Built in 1977

N/A lot

$N/A/sqft

No HOA