702 S Franklin StDunkirkIN47336
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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 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
Neighborhood data shown for ZIP Code: 47336, Dunkirk, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,431
Single Family
1,431
Multi-Family
0
Businesses
90
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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.