249 Ellison Rd,Lockwood,NY,14859

Investment Highlights

Rental property for sale in Lockwood at 249 Ellison Rd, Lockwood, NY, 14859 offers $2,126/mo rent that, after a $1,542/mo payment, leaves $22/mo cash flow. Total monthly income is $2,126/mo, and annual cash flow is $267/yr on $104,423 cash. Return on cash invested measures 20.16% in year one, and rental yield stands at 8.1% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 104.88% and total cumulative return in cash reaches $109,517. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,126/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.