885 Park Ave UNIT 1A,New York,NY,10075

Investment Highlights

Investment property for sale in New York at 885 Park Ave UNIT 1A, New York, NY, 10075 uses $228,655 cash to close to unlock $24,271/yr annual cash flow and $2,023/mo monthly cash flow. Total monthly income runs $6,664/mo, and a $3,402/mo payment keeps the spread at $2,023/mo. Purchase price stands at $695,000, and rental yield measures 11.51% with $6,664/mo rent. Return on cash invested shows 30.67% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 161.19% and total cumulative return in cash records $368,562. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,664/mo property income covering a $3,402/mo payment rather than investor’s personal income.