2734 Kettering DrSouth BendIN46635
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
Rental property for sale in South Bend at 2734 Kettering Dr, South Bend, IN, 46635 offers $2,033/mo rent that, after a $1,223/mo payment, leaves $518/mo cash flow. Total monthly income is $2,033/mo, and annual cash flow is $6,221/yr on $82,842 cash. Return on cash invested measures 27.42% in year one, and rental yield stands at 9.76% at a $249,900 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,043 by year five. Five-year ROI records 142.97% and total cumulative return in cash reaches $118,442. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,033/mo property income versus a $1,223/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46635, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 1,964 (68.7%) |
| Renter Occupied HU | 638 (22.3%) |
| Vacant Housing Units | 255 ( 8.9%) |
| Median Home Value | $205,948 |
| Average Home Value | $223,093 |
Housing Distribution
Address Breakdown
Residential
2,619
Single Family
2,530
Multi-Family
89
Businesses
188
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Leblanc • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434534
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.