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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Dunkirk at 702 S Franklin St, Dunkirk, IN, 47336 offers a 10.76% rental yield on a $135,000 purchase with $1,210/mo rent. Total monthly income registers $1,210/mo, and a $661/mo payment leaves $399/mo available for distribution. Annual cash flow reaches $4,792/yr on $44,753 to close, and return on cash invested stands at 30.62% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 160.11% and total cumulative return in cash at $71,653. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,210/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1916
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47336, Dunkirk, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,599 (100%) |
| Owner Occupied HU | 1,054 (65.9%) |
| Renter Occupied HU | 308 (19.3%) |
| Vacant Housing Units | 237 (14.8%) |
| Median Home Value | $96,522 |
| Average Home Value | $154,834 |
Residential
1,431
Single Family
1,431
Multi-Family
0
Businesses
90
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Sold | $135,000 |
| 2025-06-05 | Pending sale | $129,900 |
| 2025-06-02 | Listed for sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $629.06 | 4.72% | $45,100 | 47.39% |
| 2023-10-10 | $600.68 | 11.03% | $30,600 | 4.79% |
| 2022-10-10 | $541.00 | 7.56% | $29,200 | 11.45% |
Listed by: Matt Glentzer • RE/MAX Evolve
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520704
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
