Elements 2100 Plan, Inverness WoodsSouth BendIN46628
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find Elements 2100 Plan, Inverness Woods, South Bend, IN, 46628 in South Bend worth study. Rental yield 4.66%. The 4.66% gross yield is below cash-flow benchmarks at $370,900, but 5% annual appreciation, adding $102,473 over five years, frames this as a capital growth position. Rent of $1,440/mo partially offsets the $1,668/mo payment. Ziffy Mortgage finances appreciation-play properties (0.86 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $89,718.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 5.8% |
| Monthly Cash Flow | $(786) | $850 |
City averages based on South Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $2,079 |
| DSCR Ratio | 0.69x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Allen Edwin Homes
Mls Name: Allen Edwin Homes
Mls Provider:
Mls ID: #N/A