350 E 62nd St APT 4B,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 350 E 62nd St APT 4B, New York, NY, 10065 offers a 9.21% rental yield on a $825,000 purchase with $6,334/mo rent. Total monthly income registers $6,334/mo, and a $4,038/mo payment leaves $825/mo available for distribution. Annual cash flow reaches $9,897/yr on $271,425 to close, and return on cash invested stands at 23.71% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 123.82% and total cumulative return in cash at $336,069. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,334/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.