10597 Lakewood DrDunkirkNY14048
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 Dunkirk at 10597 Lakewood Dr, Dunkirk, NY, 14048 offers $1,434/mo rent that, after a $1,452/mo payment. Total monthly income is $1,434/mo. Return on cash invested measures 13.06% in year one, and rental yield stands at 5.8% at a $296,750 entry. Equity gained on principal adds $1,915/yr while 5% annual appreciation compounds into $81,987 by year five. Five-year ROI records 66.84% and total cumulative return in cash reaches $65,747. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,434/mo property income versus a $1,452/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.50 Acres lot
$N/A/sqft
$175 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14048, Dunkirk, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,422 (100%) |
| Owner Occupied HU | 3,793 (51.1%) |
| Renter Occupied HU | 2,688 (36.2%) |
| Vacant Housing Units | 941 (12.7%) |
| Median Home Value | $119,390 |
| Average Home Value | $197,497 |
Housing Distribution
Address Breakdown
Residential
6,378
Single Family
6,058
Multi-Family
320
Businesses
475
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Listed by: Renee Pchelka • Howard Hanna Holt - Fredonia
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #R1548414
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