Real Estate Investing in Dunkirk, New York (14048)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 14048 (Dunkirk, NY)? Our answer, based on the numbers below.
Strong fundamentals — affordable, appreciating, and stable. A confident pick for primary residence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 10.0% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Dunkirk, NY (14048)?
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Market Analysis: 14048 Dunkirk
Meanwhile, ZIP 14048 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $137K median. It rewards specialists, not generalists.
Rent of $936/mo on a $137K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 14048 sits below the stated 0.0% once reality is priced in.
In the broader NY picture, 14048 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The 14048 ZIP's population of 14,949 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that sits at the need for careful underwriting.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Dunkirk:
Property Strategy for 14048
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $115,622 | $1,040 | 6.5% | +11.0% | $57,811 |
| 3BR | $139,078 | $1,370 | 7.1% | +9.9% | $46,359 |
| 4BR | $127,700 | $1,380 | 7.8% | +8.6% | $31,925 |
| 5BR | $155,247 | — | — | +7.4% | $31,049 |
Market Trends
Home Value History (with trend line)
📊 How Does 14048 Compare?
| Metric | 14048 | Dunkirk | Jamestown-Dunkirk-Fredonia, NY | New York |
|---|---|---|---|---|
| Home Value | $136,900 | $136,900 | N/A | $505,608 |
| 5-Year CAGR | 7.5% | 7.5% | N/A | 6.6% |
| Avg Rent | $936 | $936 | N/A | - |
| Cap Rate | 5.3% | 5.3% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 14048 (Dunkirk, NY). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $136,900 |
| Monthly Rent | $936 |
| Price-to-Rent | 12.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.2% |
| Cap Rate | 5.3% |
| 5-Year IRR | 12.8% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | +7.5% ▲ |
| 10-Year CAGR | +8.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.3%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 14048
Population: 14,949
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 14048
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
What is the typical home price in Dunkirk, NY?
The median home value in Dunkirk, NY is roughly $137K. That puts it reasonable relative to the NY statewide average.
What do rentals go for in Dunkirk, NY?
Dunkirk, NY rentals go for roughly $936/mo a month. That puts gross yield in solid territory relative to $137K acquisition costs.
Is the tenant base reliable in Dunkirk, NY?
Dunkirk, NY offers a steady renter base at the $936/mo rent level. Tenant turnover is reasonable for well-managed properties.
How strong is Dunkirk, NY for real estate investors?
Our data puts Dunkirk, NY at 3.0/5 for investability. Home prices of $137K and rents around $936/mo create a solid backdrop for investor activity.
How do landlord-tenant laws work in Dunkirk, NY?
The landlord environment in Dunkirk, NY is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
You know 14048 now. You don’t know where it ranks.
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How 14048 ranks in Jamestown-Dunkirk-Fredonia, NY
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