17572 Parker AveSouth BendIN46635
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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 17572 Parker Ave, South Bend, IN, 46635 earns $1,173/mo cash flow from $2,494/mo rent with a $1,077/mo payment. Total monthly income totals $2,494/mo, and annual cash flow totals $14,078/yr on $72,930 capital. ROI tracks 39.21% on current figures, and rental yield reads 13.6% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 206.17% and total cumulative return in cash sums $150,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,494/mo property income instead of your personal income.
Single Family
Built in 1958
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46635, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 1,964 (68.7%) |
| Renter Occupied HU | 638 (22.3%) |
| Vacant Housing Units | 255 ( 8.9%) |
| Median Home Value | $205,948 |
| Average Home Value | $223,093 |
Housing Distribution
Address Breakdown
Residential
2,619
Single Family
2,530
Multi-Family
89
Businesses
188
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Listed by: Douglas Birkey • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202531953
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.