545 Vistula Ter, Mishawaka, IN, 46544 | 5.82% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,405/mo, and a $1,419/mo payment. Purchase price stands at $289,900, and rental yield measures 5.82% with $1,405/mo rent. Return on cash invested shows 15.72% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 80.15% and total cumulative return in cash records $77,025. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,405/mo property income covering a $1,419/mo payment rather than investor’s personal income.

Condo

Built in 1974

4.40 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46544, Mishawaka, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,766 (100%)
Owner Occupied HU	9,195 (62.3%)
Renter Occupied HU	4,614 (31.2%)
Vacant Housing Units	957 ( 6.5%)
Median Home Value	$182,707
Average Home Value	$212,365