403 E 62nd St APT 3D, New York, NY, 10065 | $705/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 403 E 62nd St APT 3D, New York, NY, 10065 earns $705/mo cash flow from $4,544/mo rent with a $2,814/mo payment. Total monthly income totals $4,544/mo, and annual cash flow totals $8,455/yr on $189,175 capital. ROI tracks 24.53% on current figures, and rental yield reads 9.48% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 128.24% and total cumulative return in cash sums $242,591. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,544/mo property income instead of your personal income.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA