17633 Cobblestone CtSouth 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 17633 Cobblestone Ct, South Bend, IN, 46635 earns $291/mo cash flow from $2,152/mo rent with a $1,517/mo payment. Total monthly income totals $2,152/mo, and annual cash flow totals $3,497/yr on $102,765 capital. ROI tracks 23.31% on current figures, and rental yield reads 8.33% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 120.85% and total cumulative return in cash sums $124,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,152/mo property income instead of your personal income.
Single Family
Built in 1979
0.47 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: Deborah Wolff • Milestone Realty, LLC
Mls Name: IRMLS
Mls ID: #202541677