








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Hancock at 22 Mountain Top Ln, Hancock, NY, 13783 priced at $119,888 converts $1,129/mo rent into $328/mo cash flow after a $587/mo obligation. Total monthly income equals $1,129/mo, and annual cash flow totals $3,938/yr on $39,743 invested. Return on cash invested prints 29.82% in year one, and rental yield reads 11.3% against a $119,888 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,123 by year five. Five-year ROI reaches 156.76% and total cumulative return in cash sums $62,300. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,129/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1912
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 13783, Hancock, NY area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,195 (100%) |
| Owner Occupied HU | 843 (38.4%) |
| Renter Occupied HU | 308 (14.0%) |
| Vacant Housing Units | 1,044 (47.6%) |
| Median Home Value | $188,816 |
| Average Home Value | $283,339 |
Residential
1,422
Single Family
1,359
Multi-Family
63
Businesses
142
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joseph V. Lombardo • Lombardo Homes & Estates
Mls Name: NYSAMLSs
Mls ID: #R1654961