405 E 63rd St APT 12B,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 405 E 63rd St APT 12B, New York, NY, 10065 uses $130,943 cash to close to unlock $1,171/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $2,735/mo, and a $1,933/mo payment keeps the spread at $98/mo. Purchase price stands at $395,000, and rental yield measures 8.31% with $2,735/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 108.28% and total cumulative return in cash records $141,786. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,735/mo property income covering a $1,933/mo payment rather than investor’s personal income.