141 E Highland Ave, Dunkirk, IN, 47336 | $375/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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141 E Highland Ave, Dunkirk, IN, 47336 | $375/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 141 E Highland Ave, Dunkirk, IN, 47336 priced at $117,500 converts $1,080/mo rent into $375/mo cash flow after a $575/mo obligation. Total monthly income equals $1,080/mo, and annual cash flow totals $4,497/yr on $38,951 invested. Return on cash invested prints 31.45% in year one, and rental yield reads 11.03% against a $117,500 entry. Equity gained on principal adds $758/yr, while 5% annual appreciation compiles into $32,463 by year five. Five-year ROI reaches 164.52% and total cumulative return in cash sums $64,082. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,080/mo property income covering a $575/mo payment, not borrower’s personal income.

Single Family

Built in 1916

0.45 Acres lot

$N/A/sqft

No HOA

More details about the property

Take a look at all the bonus features this home has to offer! Great outdoor space with large yard with over 3 lots conveniently located across the street from West Jay Elementary, 2 sheds in addition to the 2 car garage, whole house generator, RO Water, new flooring throughout within the last three years with hardwood located under the flooring in the living room and dining room, and a nicely painted basement with storage under the steps. This home has wonderful character! Note: Sellers plan to take the custom lighting fixture in the bedroom. Appliances are negotiable with a strong offer. Canopy pictured is not included. Sale is contingent on Sellers setting a closing date on a new home.

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