1122 W Bryan StSouth BendIN46616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1122 W Bryan St, South Bend, IN, 46616 at $119,900 posts ROI 34.25% with $475/mo cash flow from $1,218/mo rent. Total monthly income equals $1,218/mo, and annual cash flow records $5,699/yr on $39,747 to close. Return on cash invested measures 34.25% and rental yield reads 12.19% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 179.76% and total cumulative return in cash totals $71,448.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,218/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46616, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,887 (100%) |
| Owner Occupied HU | 1,445 (50.1%) |
| Renter Occupied HU | 1,103 (38.2%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $164,220 |
| Average Home Value | $197,168 |
Housing Distribution
Address Breakdown
Residential
2,531
Single Family
2,351
Multi-Family
180
Businesses
63
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin T Frey • Platinum Property Advisors
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512122
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.