Detached family home on a great plot in a good neighbourhood, fully rented.
City appraised value $27,000 Investor price $23,500 (approx £15,158) Net rental yield 22.95% Net income per year $5,394.96
Compass Overseas Property Buffalo New York Investment Overview High net yields from cash generating property in Buffalo New York. Turnkey investment, generating cash from day 1. Buffalo New York is the 2nd biggest city in the State of New York, an area which escapes publicity yet is becoming more-and-more popular with investors. Fly from New York City to Buffalo and you`re in the air for 50 minutes, Buffalo is under 20 miles away from Niagara Falls. The Buffalo region has a population in excess of 1.2million, Buffalo dating back to 1789 now has a central population of over 250,000 residents.
Today`s Buffalo is surprising for many reasons, growth sectors are no longer reliant on manufacturing, Buffalo is a centre for health care and education and these continue to flourish despite the challenges faced by the domestic and worldwide economies. The Buffalo Niagara Medical Campus (BNMC) is creating a world-class medical campus in downtown Buffalo, NY. The NBMC is the premier address for clinical care, research, education, and medical entrepreneurship. The 120-acre campus is situated in the heart of Buffalo and has associated member departments including:
Buffalo Hearing & Speech Center Buffalo Medical Group, PC The Center for Hospice & Palliative Care Hauptman-Woodward Medical Research Institute Kaleida Health Olmsted Center for Sight Roswell Park Cancer Institute University at Buffalo Upstate New York Transplant Services Buffalo`s retail centre`s and shopping malls benefit from the USA`s lower purchase prices and taxes- with trade boosted by the thousands of Canadians who cross the border to shop. In 2010 Forbes Magazine cited Buffalo as one of the 10 best places to raise a family in the US. Investing in Buffalo is a simple safe process with the entire portfolio being Freehold (Fee Simple) with full clean deed & title.