505 E 79th St APT 3D,New York,NY,10075

Investment Highlights

Investment property for sale in New York at 505 E 79th St APT 3D, New York, NY, 10075 with 5% annual appreciation on a $595,000 basis while $7,004/mo rent supports operations. Total monthly income totals $7,004/mo and a $2,912/mo payment preserves $1,253/mo for cash returns. Annual cash flow comes to $15,035/yr on $195,755 deployed, and return on cash invested reaches 27.74% in year one. Equity gained on principal adds $3,839/yr, and five-year appreciation sums $164,388 alongside rental yield of 14.13%. Five-year ROI measures 149.39% and total cumulative return in cash totals $292,442.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,004/mo property income versus a $2,912/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.