269 Pennsylvania AveHancockNY13783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 269 Pennsylvania Ave, Hancock, NY, 13783 priced at $119,000 converts $948/mo rent into $154/mo cash flow after a $582/mo obligation. Total monthly income equals $948/mo, and annual cash flow totals $1,845/yr on $39,449 invested. Return on cash invested prints 24.59% in year one, and rental yield reads 9.56% against a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation compiles into $32,878 by year five. Five-year ROI reaches 128.6% and total cumulative return in cash sums $50,729. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $948/mo property income covering a $582/mo payment, not borrower’s personal income.
Single Family
Built in N/A
3,920 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices