121 E Center St, Dunkirk, IN, 47336 | $246/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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121 E Center St, Dunkirk, IN, 47336 | $246/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Dunkirk at 121 E Center St, Dunkirk, IN, 47336 generates $876/mo in rent and, after a $514/mo payment, leaves $246/mo in cash flow. Total monthly income is $876/mo, and annual cash flow is $2,947/yr on $34,808 invested. Return on cash invested sits at 28.38% in year one, and rental yield is 10.01% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 148.04% and total cumulative return in cash sums $51,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $876/mo property income rather than buyer’s personal income.

Single Family

Built in 1916

0.56 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't miss this rare opportunity to own a charming, move-in ready 2 bedroom, 1 bath home located near downtown Dunkirk! Sitting on 4 spacious lots, this property offers room to spread out while still enjoying the convenience of city living. Step inside to find a spacious living room perfect for relaxing or entertaining. The eat-in kitchen features tons of cabinet space.The home has a covered porch, plus an outdoor space ideal for enjoying your morning coffee or evening breeze. Youll love the ample storage throughout the home, along with a huge yard thats perfect for gardening, pets, or outdoor gatherings. The property includes a 2-car detached garage and 2 additional outbuildingsideal for a workshop, studio, or extra storage. This home offers space, functionality, and locationall in one package. Whether you're a first-time buyer, downsizing, or looking for an investment, this property checks all the boxes!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47336, Dunkirk, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,599 (100%)
Owner Occupied HU	1,054 (65.9%)
Renter Occupied HU	308 (19.3%)
Vacant Housing Units	237 (14.8%)
Median Home Value	$96,522
Average Home Value	$154,834