Bankside Ct #EETS8MishawakaIN46544
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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
Rental property for sale in Mishawaka at Bankside Ct #EETS8, Mishawaka, IN, 46544 priced at $361,000 pairs $0/mo rent with after a $1,767/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 $361,000 basis. Equity gained on principal adds $2,329/yr, and 5% annual appreciation accumulates to $99,738 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,767/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 |
Housing Distribution
Address Breakdown
Residential
14,256
Single Family
11,948
Multi-Family
2,308
Businesses
651
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices