214 N Brookfield StSouth BendIN46628
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play214 N Brookfield St, South Bend, IN, 46628 in South Bend is priced for appreciation, not yield. Rental yield 4.31%. At $249,900 with a 4.31% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $69,043 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.80) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $55,841.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 5.8% |
| Monthly Cash Flow | $(603) | $850 |
City averages based on South Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $898 |
| Total Monthly Debt Service | $1,401 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
3,920 sqft lot
$N/A/sqft
No HOA
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
Single Family
Built in 2026
3,920 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: IRMLS
Mls ID: #202609491