211 E Dayton StSouth BendIN46613
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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
Rental property for sale in South Bend at 211 E Dayton St, South Bend, IN, 46613 offers $1,522/mo rent that, after a $908/mo payment, leaves $408/mo cash flow. Total monthly income is $1,522/mo, and annual cash flow is $4,901/yr on $61,493 cash. Return on cash invested measures 27.88% in year one, and rental yield stands at 9.85% at a $185,500 entry. Equity gained on principal adds $1,197/yr while 5% annual appreciation compounds into $51,250 by year five. Five-year ROI records 145.37% and total cumulative return in cash reaches $89,391. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,522/mo property income versus a $908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46613, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,533 (100%) |
| Owner Occupied HU | 1,996 (44.0%) |
| Renter Occupied HU | 1,893 (41.8%) |
| Vacant Housing Units | 644 (14.2%) |
| Median Home Value | $79,667 |
| Average Home Value | $120,797 |
Housing Distribution
Address Breakdown
Residential
4,165
Single Family
4,021
Multi-Family
144
Businesses
257
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Listed by: Denise Graham • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515395
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.