1946 Briarway WaySouth BendIN46614
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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 1946 Briarway Way, South Bend, IN, 46614 earns $279/mo cash flow from $1,740/mo rent with a $1,191/mo payment. Total monthly income totals $1,740/mo, and annual cash flow totals $3,352/yr on $80,654 capital. ROI tracks 24.07% on current figures, and rental yield reads 8.58% at a $243,300 purchase. Equity gained on principal adds $1,570/yr, and 5% annual appreciation supports $67,219 over five years. Five-year ROI reaches 124.93% and total cumulative return in cash sums $100,758. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46614, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 9,722 (71.1%) |
| Renter Occupied HU | 3,210 (23.5%) |
| Vacant Housing Units | 743 ( 5.4%) |
| Median Home Value | $219,724 |
| Average Home Value | $250,540 |
Housing Distribution
Address Breakdown
Residential
13,174
Single Family
11,556
Multi-Family
1,618
Businesses
438
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Listed by: N/A • N/A
Mls Name: Berkshire Hathaway HomeServices Michigan and Northern Indiana Real Estate
Mls ID: #202528972