24 Riverside Dr,Colton,NY,13625

Investment Highlights

Investment property for sale in Colton at 24 Riverside Dr, Colton, NY, 13625 with 5% annual appreciation on a $199,900 basis while $1,559/mo rent supports operations. Total monthly income totals $1,559/mo and a $978/mo payment preserves $225/mo for cash returns. Annual cash flow comes to $2,694/yr on $66,267 deployed, and return on cash invested reaches 23.97% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 9.36%. Five-year ROI measures 125.31% and total cumulative return in cash totals $83,041.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,559/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.