216-218 Lake Shore Dr WDunkirkNY14048
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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 216-218 Lake Shore Dr W, Dunkirk, NY, 14048 earns from $1,434/mo rent with a $1,561/mo payment. Total monthly income totals $1,434/mo. ROI tracks 12.01% on current figures, and rental yield reads 5.39% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 61.18% and total cumulative return in cash sums $64,693. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,434/mo property income instead of your personal income.
Multi Family
Built in 1890
0.80 Acres 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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