56266 Butternut 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
Investment property for sale in South Bend at 56266 Butternut Rd, South Bend, IN, 46619 earns $712/mo cash flow from $1,786/mo rent with a $876/mo payment. Total monthly income totals $1,786/mo, and annual cash flow totals $8,539/yr on $59,339 capital. ROI tracks 34.3% on current figures, and rental yield reads 11.97% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 179.79% and total cumulative return in cash sums $106,683. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,786/mo property income instead of your personal income.
Single Family
Built in 1970
1.50 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: Joel Fourman • Re/Max County Wide 1st
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537932
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.