416 S Grant StSouth BendIN46619
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 416 S Grant St, South Bend, IN, 46619 at $107,300 posts ROI 54.68% with $1,031/mo cash flow from $1,788/mo rent. Total monthly income equals $1,788/mo, and annual cash flow records $12,369/yr on $35,570 to close. Return on cash invested measures 54.68% and rental yield reads 20% at the current $107,300. Equity gained on principal adds $692/yr, and 5% annual appreciation supports $29,645 by year five. Five-year ROI prints 290.48% and total cumulative return in cash totals $103,324.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,788/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1907
4,800 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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