405 E 63rd St APT 7N,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 405 E 63rd St APT 7N, New York, NY, 10065 listed at $375,000 pairs $2,644/mo rent with a $1,835/mo payment. Total monthly income runs $2,644/mo. Return on cash invested measures 9.04% in year one, and rental yield registers 8.46% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 49.66% and total cumulative return in cash totals $61,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,644/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).