1113 E Donald StSouth BendIN46613
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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 1113 E Donald St, South Bend, IN, 46613 earns $656/mo cash flow from $1,316/mo rent with a $538/mo payment. Total monthly income totals $1,316/mo, and annual cash flow totals $7,873/yr on $36,465 capital. ROI tracks 41.5% on current figures, and rental yield reads 14.36% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 218.51% and total cumulative return in cash sums $79,680. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,316/mo property income instead of your personal income.
Single Family
Built in 1902
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46613, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,533 (100%) |
| Owner Occupied HU | 1,996 (44.0%) |
| Renter Occupied HU | 1,893 (41.8%) |
| Vacant Housing Units | 644 (14.2%) |
| Median Home Value | $79,667 |
| Average Home Value | $120,797 |
Housing Distribution
Address Breakdown
Residential
4,165
Single Family
4,021
Multi-Family
144
Businesses
257
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Listed by: Nicole Primrose • Polack Realty
Mls Name: IRMLS
Mls ID: #202549952