1816 Crestwood BlvdSouth 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 1816 Crestwood Blvd, South Bend, IN, 46635 with 5% annual appreciation on a $239,900 basis while $2,172/mo rent supports operations. Total monthly income totals $2,172/mo and a $1,174/mo payment preserves $732/mo for cash returns. Annual cash flow comes to $8,785/yr on $79,527 deployed, and return on cash invested reaches 30.96% in year one. Equity gained on principal adds $1,548/yr, and five-year appreciation sums $66,280 alongside rental yield of 10.86%. Five-year ROI measures 161.89% and total cumulative return in cash totals $128,743.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,172/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
8,276 sqft 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: Lisa L Smessaert • RE/MAX 100
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508481
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.