515 E 79th St APT 29D,New York,NY,10075

Investment Highlights

Investment property for sale in New York at 515 E 79th St APT 29D, New York, NY, 10075 listed at $1,350,000 pairs $14,154/mo rent with a $6,608/mo payment to leave $1,837/mo cash flow. Total monthly income runs $14,154/mo, and annual cash flow reaches $22,038/yr on $437,400 cash to close. Return on cash invested measures 25.41% in year one, and rental yield registers 12.58% at a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,980 by year five. Five-year ROI tracks 136.17% and total cumulative return in cash totals $595,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $14,154/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).