This very large two bedroom house is located in a great area, Zip Code 14305 in Niagara Falls. This Zip Code has great schools and is only a short distance to Downtown. This property offers great value for money due to its size and location, rarely do you find rental properties in New York State for under $30,000. This property is under management by one of the leading Niagara Falls management companies.
This property is located in Zip Code 14305, where the average list price is $64,836. It is very close to the Hyde Park Municipal Golf Course which is the main golf course in Niagara, it is also close to great schools and colleges.
• Two bedrooms.
• Full basement.
• 1,272 sqft built.
• 3,375 sqft lot.
• Fully managed.
• Local staff.
Purchase price: $29,500
Gross annual rental income: $6,900
Property running costs: $1,714 (Tax, insurance and management costs)
Net annual rental income: $5,186
Investment calculation - Net Income divided by Purchase price = NET ROI.