This fantastic three bedroom single family home is located in North Marketview Heights
neighbourhood in the North East of Rochester, New York.
The property consists of three spacious bedrooms, two bathrooms, a large kitchen and
lounge diner and a large yard with off street parking. The house has good tenants in
place that have resided in the property for over 2 years paying $950 in rent each month.
The property will be supplied with a new certificate of occupancy.
This property is under management with a great local Rochester property management
This property is located in the North Marketview Heights neighbourhood, which is in the
North East of Rochester, New York. The house is just 2 miles from downtown Rochester.
The house is also just 1.3 miles from The Market District which contains some wonderful
restaurants, bakeries, and coffeehouses. A very popular part of Rochester. .
Purchase price: 76,900
Gross annual rental income: $11,400
Property running costs: $3,140
(Tax, insurance and management costs)
Net annual rental income: $8,260
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 11%Break even in 9.09 Years