575 Park Ave #608/609,New York,NY,10065

Investment Highlights

Rental property for sale in New York at 575 Park Ave #608/609, New York, NY, 10065 generates $19,621/mo in rent and, after a $5,873/mo payment, leaves $702/mo in cash flow. Total monthly income is $19,621/mo, and annual cash flow is $8,424/yr on $388,800 invested. Return on cash invested sits at 22.54% in year one, and rental yield is 19.62% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 129.69% and total cumulative return in cash sums $504,227. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $19,621/mo property income rather than buyer’s personal income.