1335 Mackey DrSouth BendIN46614
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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 1335 Mackey Dr, South Bend, IN, 46614 listed at $409,900 pairs $3,611/mo rent with a $2,006/mo payment to leave $1,134/mo cash flow. Total monthly income runs $3,611/mo, and annual cash flow reaches $13,608/yr on $135,882 cash to close. Return on cash invested measures 29.92% in year one, and rental yield registers 10.57% at a $409,900 basis. Equity gained on principal adds $2,645/yr, and annual property appreciation at 5% supports $113,248 by year five. Five-year ROI tracks 156.39% and total cumulative return in cash totals $212,500. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,611/mo property income relative to a $2,006/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.38 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46614, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 9,722 (71.1%) |
| Renter Occupied HU | 3,210 (23.5%) |
| Vacant Housing Units | 743 ( 5.4%) |
| Median Home Value | $219,724 |
| Average Home Value | $250,540 |
Housing Distribution
Address Breakdown
Residential
13,174
Single Family
11,556
Multi-Family
1,618
Businesses
438
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Listed by: Eric j Kovalak • Copper Bay Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202546482
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.