213 S Main StDunkirkIN47336
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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
Investment property for sale in Dunkirk at 213 S Main St, Dunkirk, IN, 47336 uses $36,134 cash to close to unlock $2,162/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $835/mo, and a $534/mo payment keeps the spread at $180/mo. Purchase price stands at $109,000, and rental yield measures 9.19% with $835/mo rent. Return on cash invested shows 25.89% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 134.79% and total cumulative return in cash records $48,706. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $835/mo property income covering a $534/mo payment rather than investor’s personal income.
Condo
Built in 1906
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,431
Single Family
1,431
Multi-Family
0
Businesses
90
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Listed by: Brock Reagan • Reagan Property Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202427197
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.