14 W Lucas AveDunkirkNY14048
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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 Dunkirk at 14 W Lucas Ave, Dunkirk, NY, 14048 priced at $105,000 pairs $823/mo rent with $122/mo cash flow after a $514/mo payment. Total monthly income equals $823/mo, and annual cash flow comes to $1,461/yr on $34,808 invested. Return on cash invested is 24.11% in year one, and rental yield stands at 9.41% on a $105,000 basis. Equity gained on principal adds $678/yr, and 5% annual appreciation accumulates to $29,010 by year five. Five-year ROI measures 126.01% and total cumulative return in cash reaches $43,862. For financing, Ziffy Mortgage’s DSCR program evaluates $823/mo property income against a $514/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
4,477 sqft lot
$N/A/sqft
No 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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