Armstrong Dr #FE6TTDSouth BendIN46614
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 Armstrong Dr #FE6TTD, South Bend, IN, 46614 at $390,300 posts ROI 29.89% with $1,076/mo cash flow from $3,419/mo rent. Total monthly income equals $3,419/mo, and annual cash flow records $12,917/yr on $129,384 to close. Return on cash invested measures 29.89% and rental yield reads 10.51% at the current $390,300. Equity gained on principal adds $2,519/yr, and 5% annual appreciation supports $107,833 by year five. Five-year ROI prints 156.15% and total cumulative return in cash totals $202,038.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,419/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46614, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 9,722 (71.1%) |
| Renter Occupied HU | 3,210 (23.5%) |
| Vacant Housing Units | 743 ( 5.4%) |
| Median Home Value | $219,724 |
| Average Home Value | $250,540 |
Housing Distribution
Address Breakdown
Residential
13,174
Single Family
11,556
Multi-Family
1,618
Businesses
438
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Nearby investment properties with comparable prices
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