1876 Dover Lane,Castleton,NY,12033

Investment Highlights

Investment property for sale in Castleton at 1876 Dover Lane, Castleton, NY, 12033 listed at $359,900 pairs $2,622/mo rent with a $1,762/mo payment to leave $218/mo cash flow. Total monthly income runs $2,622/mo, and annual cash flow reaches $2,618/yr on $119,307 cash to close. Return on cash invested measures 22.1% in year one, and rental yield registers 8.74% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 115.29% and total cumulative return in cash totals $137,546. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,622/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).