228 King StDunkirkNY14048
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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 228 King St, Dunkirk, NY, 14048 offers $786/mo rent that, after a $807/mo payment. Total monthly income is $786/mo. Return on cash invested measures 12.99% in year one, and rental yield stands at 5.72% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 66.39% and total cumulative return in cash reaches $36,292. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $786/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
3,998 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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