1722 Nash 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
Rental property for sale in South Bend at 1722 Nash St, South Bend, IN, 46613 generates $1,337/mo in rent and, after a $709/mo payment, leaves $467/mo in cash flow. Total monthly income is $1,337/mo, and annual cash flow is $5,609/yr on $48,034 invested. Return on cash invested sits at 31.59% in year one, and rental yield is 11.07% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 165.26% and total cumulative return in cash sums $79,381. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,337/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
4,791 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: Bashar Saleh • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls ID: #202536839