18303 Crownhill DrSouth BendIN46637
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
Rental property for sale in South Bend at 18303 Crownhill Dr, South Bend, IN, 46637 generates $2,484/mo in rent and, after a $1,346/mo payment, leaves $633/mo in cash flow. Total monthly income is $2,484/mo, and annual cash flow is $7,599/yr on $91,163 invested. Return on cash invested sits at 28.24% in year one, and rental yield is 10.84% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 148.28% and total cumulative return in cash sums $135,179. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,484/mo property income rather than buyer’s personal income.
Condo
Built in 1986
3,920 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46637, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,941 (100%) |
| Owner Occupied HU | 4,678 (52.3%) |
| Renter Occupied HU | 2,790 (31.2%) |
| Vacant Housing Units | 1,473 (16.5%) |
| Median Home Value | $215,397 |
| Average Home Value | $250,256 |
Housing Distribution
Address Breakdown
Residential
7,618
Single Family
6,490
Multi-Family
1,128
Businesses
323
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly A Kollar • Weichert Rltrs-J.Dunfee&Assoc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202540659
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.