25210 Fillmore RdSouth BendIN46619
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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 25210 Fillmore Rd, South Bend, IN, 46619 generates $2,374/mo in rent and, after a $1,468/mo payment, leaves $574/mo in cash flow. Total monthly income is $2,374/mo, and annual cash flow is $6,882/yr on $99,450 invested. Return on cash invested sits at 26.83% in year one, and rental yield is 9.5% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 139.72% and total cumulative return in cash sums $138,948. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,374/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
6.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46619, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,203 (100%) |
| Owner Occupied HU | 5,324 (64.9%) |
| Renter Occupied HU | 2,198 (26.8%) |
| Vacant Housing Units | 681 ( 8.3%) |
| Median Home Value | $137,308 |
| Average Home Value | $175,526 |
Housing Distribution
Address Breakdown
Residential
7,796
Single Family
7,461
Multi-Family
335
Businesses
526
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Listed by: Ashley N Hairston • Coldwell Banker Realty dba Coldwell Banker Residential Brokerage
Mls Name: IRMLS
Mls Provider:
Mls ID: #202430733
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.