Falling Oak Dr #TMOI5FMishawakaIN46544
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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 Mishawaka at Falling Oak Dr #TMOI5F, Mishawaka, IN, 46544 listed at $373,100 pairs $2,862/mo rent with a $1,826/mo payment to leave $622/mo cash flow. Total monthly income runs $2,862/mo, and annual cash flow reaches $7,470/yr on $123,683 cash to close. Return on cash invested measures 25.95% in year one, and rental yield registers 9.21% at a $373,100 basis. Equity gained on principal adds $2,408/yr, and annual property appreciation at 5% supports $103,081 by year five. Five-year ROI tracks 134.99% and total cumulative return in cash totals $166,962. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,862/mo property income relative to a $1,826/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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