1325 Cedar StSouth BendIN46617
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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
Rental property for sale in South Bend at 1325 Cedar St, South Bend, IN, 46617 generates $3,048/mo in rent and, after a $1,953/mo payment, leaves $653/mo in cash flow. Total monthly income is $3,048/mo, and annual cash flow is $7,833/yr on $132,269 invested. Return on cash invested sits at 25.83% in year one, and rental yield is 9.17% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash sums $177,710. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,048/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46617, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,952 (100%) |
| Owner Occupied HU | 2,445 (41.1%) |
| Renter Occupied HU | 2,305 (38.7%) |
| Vacant Housing Units | 1,202 (20.2%) |
| Median Home Value | $267,663 |
| Average Home Value | $323,517 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
3,675
Multi-Family
1,129
Businesses
341
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Listed by: Nicole Perry • Berkshire Hathaway HomeServices Northern Indiana Real Estate
Mls Name: IRMLS
Mls ID: #202538829