1001 Mayflower Rd #205South BendIN46619
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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 South Bend at 1001 Mayflower Rd #205, South Bend, IN, 46619 listed at $102,999 pairs $794/mo rent with a $504/mo payment to leave $176/mo cash flow. Total monthly income runs $794/mo, and annual cash flow reaches $2,110/yr on $34,144 cash to close. Return on cash invested measures 26.09% in year one, and rental yield registers 9.25% at a $102,999 basis. Equity gained on principal adds $665/yr, and annual property appreciation at 5% supports $28,457 by year five. Five-year ROI tracks 135.76% and total cumulative return in cash totals $46,354. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $794/mo property income relative to a $504/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46619, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,203 (100%) |
| Owner Occupied HU | 5,324 (64.9%) |
| Renter Occupied HU | 2,198 (26.8%) |
| Vacant Housing Units | 681 ( 8.3%) |
| Median Home Value | $137,308 |
| Average Home Value | $175,526 |
Housing Distribution
Address Breakdown
Residential
7,796
Single Family
7,461
Multi-Family
335
Businesses
526
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Listed by: N/A • YES!Communities
Mls Name: Yes! Communities
Mls ID: #N/A