This large three bedroom single family home 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 Niagara. The property has three large bedrooms, one bathroom and nice open plan kitchen / diner. The house was recently fully renovated and now has new tenants in place paying $760 in rent each month. 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. It also just 9 minutes and 2.6 miles from the World famous Niagra Falls viewpoint.

Investment Calculation

Purchase price: 55,900

Gross annual rental income: $9,120

Property running costs: $2,172
(Tax, insurance and management costs)

Net annual rental income: $6,948

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 13%

Break even in 7.69 Years