1730 S Taylor StSouth BendIN46613
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 1730 S Taylor St, South Bend, IN, 46613 uses $40,940 cash to close to unlock $2,425/yr annual cash flow and $202/mo monthly cash flow. Total monthly income runs $943/mo, and a $604/mo payment keeps the spread at $202/mo. Purchase price stands at $123,500, and rental yield measures 9.16% with $943/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $34,121 over five years. Five-year ROI reaches 134.48% and total cumulative return in cash records $55,058. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $943/mo property income covering a $604/mo payment rather than investor’s personal income.
Single Family
Built in 1920
5,353 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared J Jeffries • Weichert, Realtors - Shoreline
Mls Name: IRMLS
Mls ID: #202536985