415 Lark 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
Investment property for sale in Dunkirk at 415 Lark St, Dunkirk, NY, 14048 uses $36,465 cash to close to unlock $1,534/yr annual cash flow and $128/mo monthly cash flow. Total monthly income runs $862/mo, and a $538/mo payment keeps the spread at $128/mo. Purchase price stands at $110,000, and rental yield measures 9.4% with $862/mo rent. Return on cash invested shows 24.12% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 126.04% and total cumulative return in cash records $45,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $862/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1902
2,700 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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