71 Risley StHancockNY13783
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
Investment property for sale in Hancock at 71 Risley St, Hancock, NY, 13783 at $269,000 posts ROI 10.92% with from $1,129/mo rent. Total monthly income equals $1,129/mo. Return on cash invested measures 10.92% and rental yield reads 5.04% at the current $269,000. Equity gained on principal adds $1,736/yr, and 5% annual appreciation supports $74,320 by year five. Five-year ROI prints 55.35% and total cumulative return in cash totals $49,355. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,129/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
0.25 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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