571 Park Ave #1508,New York,NY,10065

Investment Highlights

Investment property for sale in New York at 571 Park Ave #1508, New York, NY, 10065 offers a 22.12% rental yield on a $750,000 purchase with $13,825/mo rent. Total monthly income registers $13,825/mo, and a $3,671/mo payment leaves $2,022/mo available for distribution. Annual cash flow reaches $24,258/yr on $246,750 to close, and return on cash invested stands at 29.89% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 168.97% and total cumulative return in cash at $416,934. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $13,825/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.