501 McKinley AveDunkirkNY14048
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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 501 McKinley Ave, Dunkirk, NY, 14048 with 5% annual appreciation on a $177,000 basis while $2,189/mo rent supports operations. Total monthly income totals $2,189/mo and a $866/mo payment preserves $1,007/mo for cash returns. Annual cash flow comes to $12,088/yr on $58,676 deployed, and return on cash invested reaches 40.51% in year one. Equity gained on principal adds $1,142/yr, and five-year appreciation sums $48,902 alongside rental yield of 14.84%. Five-year ROI measures 214.02% and total cumulative return in cash totals $125,579.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,189/mo property income versus a $866/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1916
0.27 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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