Maris Plan, The Manors at Spaulding Green,Clarence,NY,14031

Investment Highlights

Rental property for sale in Clarence at Maris Plan, The Manors at Spaulding Green, Clarence, NY, 14031 priced at $940,000 converts $2,100/mo rent into after a $4,601/mo obligation. Total monthly income equals $2,100/mo. Return on cash invested prints 3.85% in year one, and rental yield reads 2.68% against a $940,000 entry. Equity gained on principal adds $6,066/yr, while 5% annual appreciation compiles into $259,705 by year five. Five-year ROI reaches 17.35% and total cumulative return in cash sums $53,646. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,100/mo property income covering a $4,601/mo payment, not borrower’s personal income.