248 Rockland Ave #50,Syracuse,NY,13207

Investment Highlights

Investment property for sale in Syracuse at 248 Rockland Ave #50, Syracuse, NY, 13207 uses $38,089 cash to close to unlock $5,113/yr annual cash flow and $426/mo monthly cash flow. Total monthly income runs $1,193/mo, and a $562/mo payment keeps the spread at $426/mo. Purchase price stands at $114,900, and rental yield measures 12.46% with $1,193/mo rent. Return on cash invested shows 33.33% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 175.61% and total cumulative return in cash records $66,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,193/mo property income covering a $562/mo payment rather than investor’s personal income.