2001 E Jefferson BlvdSouth BendIN46617
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
Investment property for sale in South Bend at 2001 E Jefferson Blvd, South Bend, IN, 46617 earns $1,387/mo cash flow from $4,262/mo rent with a $2,344/mo payment. Total monthly income totals $4,262/mo, and annual cash flow totals $16,645/yr on $158,789 capital. ROI tracks 30.39% on current figures, and rental yield reads 10.68% at a $479,000 purchase. Equity gained on principal adds $3,091/yr, and 5% annual appreciation supports $132,339 over five years. Five-year ROI reaches 158.83% and total cumulative return in cash sums $252,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,262/mo property income instead of your personal income.
Single Family
Built in 1947
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46617, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,952 (100%) |
| Owner Occupied HU | 2,445 (41.1%) |
| Renter Occupied HU | 2,305 (38.7%) |
| Vacant Housing Units | 1,202 (20.2%) |
| Median Home Value | $267,663 |
| Average Home Value | $323,517 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
3,675
Multi-Family
1,129
Businesses
341
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Curtis LeSure • Legacy Real Estate Brokers
Mls Name: IRMLS
Mls ID: #202547001