517 E 77th St APT 1N,New York,NY,10075

Investment Highlights

Investment property for sale in New York at 517 E 77th St APT 1N, New York, NY, 10075 listed at $585,000 pairs $4,984/mo rent with a $2,863/mo payment to leave $1,078/mo cash flow. Total monthly income runs $4,984/mo, and annual cash flow reaches $12,933/yr on $192,465 cash to close. Return on cash invested measures 26.78% in year one, and rental yield registers 10.22% at a $585,000 basis. Equity gained on principal adds $3,775/yr, and annual property appreciation at 5% supports $161,625 by year five. Five-year ROI tracks 140.29% and total cumulative return in cash totals $270,018. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,984/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).