405 E 63rd St APT 2H,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 405 E 63rd St APT 2H, New York, NY, 10065 offers a 33.67% rental yield on a $349,000 purchase with $9,791/mo rent. Total monthly income registers $9,791/mo, and a $1,708/mo payment leaves $6,331/mo available for distribution. Annual cash flow reaches $75,967/yr on $115,694 to close, and return on cash invested stands at 85.57% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 459.84% and total cumulative return in cash at $532,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $9,791/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.