3738 E Lake RdDunkirkNY14048
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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 3738 E Lake Rd, Dunkirk, NY, 14048 offers a 14.32% rental yield on a $183,600 purchase with $2,191/mo rent. Total monthly income registers $2,191/mo, and a $899/mo payment leaves $965/mo available for distribution. Annual cash flow reaches $11,575/yr on $60,863 to close, and return on cash invested stands at 38.93% in year one. Equity gained on principal adds $1,185/yr while 5% annual appreciation supports $50,725 over five years. Portfolio math shows five-year ROI at 205.49% and total cumulative return in cash at $125,071. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,191/mo property income against a $899/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.52 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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