721 N Coquillard DrSouth BendIN46617
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 721 N Coquillard Dr, South Bend, IN, 46617 at $350,000 posts ROI 23.75% with $371/mo cash flow from $2,472/mo rent. Total monthly income equals $2,472/mo, and annual cash flow records $4,453/yr on $116,025 to close. Return on cash invested measures 23.75% and rental yield reads 8.48% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 123.22% and total cumulative return in cash totals $142,970.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,472/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46617, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,952 (100%) |
| Owner Occupied HU | 2,445 (41.1%) |
| Renter Occupied HU | 2,305 (38.7%) |
| Vacant Housing Units | 1,202 (20.2%) |
| Median Home Value | $267,663 |
| Average Home Value | $323,517 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
3,675
Multi-Family
1,129
Businesses
341
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Listed by: Tommy Kraemer • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls ID: #202533171