1919 Kessler BlvdSouth BendIN46616
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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 1919 Kessler Blvd, South Bend, IN, 46616 uses $82,875 cash to close to unlock $7,321/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $2,151/mo, and a $1,224/mo payment keeps the spread at $610/mo. Purchase price stands at $250,000, and rental yield measures 10.32% with $2,151/mo rent. Return on cash invested shows 28.74% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 150.22% and total cumulative return in cash records $124,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,151/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1941
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46616, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,887 (100%) |
| Owner Occupied HU | 1,445 (50.1%) |
| Renter Occupied HU | 1,103 (38.2%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $164,220 |
| Average Home Value | $197,168 |
Housing Distribution
Address Breakdown
Residential
2,531
Single Family
2,351
Multi-Family
180
Businesses
63
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Listed by: Stephanie Larimore • RE/MAX 100
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519184
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.