This very large three bedroom house is located in a great area, Zip Code 14303 in Niagara Falls. This Zip Code has great schools and is only a short distance to Downtown. This property was only recently updated before the current tenant was placed, the updates include an updated kitchen, updated bathroom and new carpets and paint. This property is under management by one of the leading Niagara Falls management companies.
This property is located in Zip Code 14303, which is a very desirable area in Niagara Falls. 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.
Purchase price: $36,000
Gross annual rental income: $8,400
Property running costs: $2,574
(Tax, insurance and management costs)
Net annual rental income: $5,826
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 17%