The Kelley Finished Basement Plan, Royal Oak EstatesSouth BendIN46614
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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 South Bend at The Kelley Finished Basement Plan, Royal Oak Estates, South Bend, IN, 46614 generates $3,697/mo in rent and, after a $2,153/mo payment, leaves $1,056/mo in cash flow. Total monthly income is $3,697/mo, and annual cash flow is $12,677/yr on $145,827 invested. Return on cash invested sits at 28.6% in year one, and rental yield is 10.09% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 149.22% and total cumulative return in cash sums $217,599. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,697/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
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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Listed by: N/A • Irish Custom Homes
Mls Name: Irish Custom Homes
Mls Provider:
Mls ID: #N/A