515 E 79th St APT 27B,New York,NY,10075

Investment Highlights

Investment property for sale in New York at 515 E 79th St APT 27B, New York, NY, 10075 listed at $1,695,000 pairs $15,402/mo rent with a $8,296/mo payment to leave $1,028/mo cash flow. Total monthly income runs $15,402/mo, and annual cash flow reaches $12,339/yr on $549,180 cash to close. Return on cash invested measures 22.62% in year one, and rental yield registers 10.9% at a $1,695,000 basis. Equity gained on principal adds $10,938/yr, and annual property appreciation at 5% supports $468,297 by year five. Five-year ROI tracks 120.34% and total cumulative return in cash totals $660,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $15,402/mo property income relative to a $8,296/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).