2685 Bouchouxville RdHancockNY13783
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Hancock at 2685 Bouchouxville Rd, Hancock, NY, 13783 offers $3,479/mo rent that, after a $1,757/mo payment, leaves $1,082/mo cash flow. Total monthly income is $3,479/mo, and annual cash flow is $12,981/yr on $119,009 cash. Return on cash invested measures 30.82% in year one, and rental yield stands at 11.63% at a $359,000 entry. Equity gained on principal adds $2,317/yr while 5% annual appreciation compounds into $99,185 by year five. Five-year ROI records 161.97% and total cumulative return in cash reaches $192,763. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,479/mo property income versus a $1,757/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13783, Hancock, NY area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,422
Single Family
1,359
Multi-Family
63
Businesses
142
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Listed by: Katherine DuBois • Woodland Creek Real Estate
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1515990
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