403 E 62nd St APT 5C,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 403 E 62nd St APT 5C, New York, NY, 10065 offers a 25.93% rental yield on a $247,154 purchase with $5,340/mo rent. Total monthly income registers $5,340/mo, and a $1,210/mo payment leaves $1,842/mo available for distribution. Annual cash flow reaches $22,107/yr on $81,932 to close, and return on cash invested stands at 46.89% in year one. Equity gained on principal adds $1,595/yr while 5% annual appreciation supports $68,284 over five years. Portfolio math shows five-year ROI at 258.03% and total cumulative return in cash at $211,408. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,340/mo property income against a $1,210/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.