746 S Albert AveSouth 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 746 S Albert Ave, South Bend, IN, 46619 with 5% annual appreciation on a $119,900 basis while $1,198/mo rent supports operations. Total monthly income totals $1,198/mo and a $587/mo payment preserves $478/mo for cash returns. Annual cash flow comes to $5,737/yr on $39,747 deployed, and return on cash invested reaches 34.34% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 11.99%. Five-year ROI measures 180.12% and total cumulative return in cash totals $71,592.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,198/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1946
5,227 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
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Listed by: Patrick Ladewski • Irish Realty
Mls Name: IRMLS
Mls ID: #202603390