Bankside Ct #7K7WZI, Mishawaka, IN, 46544 | Equity Gain $2,331/yr

Off market

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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

Rental property for sale in Mishawaka at Bankside Ct #7K7WZI, Mishawaka, IN, 46544 priced at $361,300 pairs $0/mo rent with after a $1,768/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.82% in year one, and rental yield stands at 0% on a $361,300 basis. Equity gained on principal adds $2,331/yr, and 5% annual appreciation accumulates to $99,821 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,768/mo payment instead of your W2s, 1099s, or 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: 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