7 Riverside Dr,Colton,NY,13625

Investment Highlights

Rental property for sale in Colton at 7 Riverside Dr, Colton, NY, 13625 priced at $278,000 converts $1,941/mo rent into $84/mo cash flow after a $1,361/mo obligation. Total monthly income equals $1,941/mo, and annual cash flow totals $1,011/yr on $92,157 invested. Return on cash invested prints 21.01% in year one, and rental yield reads 8.38% against a $278,000 entry. Equity gained on principal adds $1,794/yr, while 5% annual appreciation compiles into $76,806 by year five. Five-year ROI reaches 109.4% and total cumulative return in cash sums $100,817. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,941/mo property income covering a $1,361/mo payment, not borrower’s personal income.