9864 Tobermory Ave,Clarence,NY,14031

Investment Highlights

Rental property for sale in Clarence at 9864 Tobermory Ave, Clarence, NY, 14031 generates $3,175/mo in rent and, after a $538/mo payment, leaves $2,441/mo in cash flow. Total monthly income is $3,175/mo, and annual cash flow is $29,292/yr on $36,432 invested. Return on cash invested sits at 100.31% in year one, and rental yield is 34.67% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 534.76% and total cumulative return in cash sums $194,824. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,175/mo property income rather than buyer’s personal income.