811 E Ewing AveSouth BendIN46613
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 811 E Ewing Ave, South Bend, IN, 46613 in South Bend deserves attention. This $165,000 property earns $1,703/mo in rent, a 12.39% gross yield, and nets $713/mo after the $742/mo payment. DSCR 2.30 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $45,586 compounds alongside $1,520/yr in yearly equity build, for a total cumulative return of $108,326.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.2% |
| Monthly Cash Flow | $713 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,703 |
| Total Monthly Debt Service | $925 |
| DSCR Ratio | 1.84x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46613, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,533 (100%) |
| Owner Occupied HU | 1,996 (44.0%) |
| Renter Occupied HU | 1,893 (41.8%) |
| Vacant Housing Units | 644 (14.2%) |
| Median Home Value | $79,667 |
| Average Home Value | $120,797 |
Housing Distribution
Address Breakdown
Residential
4,165
Single Family
4,021
Multi-Family
144
Businesses
257
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 1920
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46613, South Bend, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,533 (100%) |
| Owner Occupied HU | 1,996 (44.0%) |
| Renter Occupied HU | 1,893 (41.8%) |
| Vacant Housing Units | 644 (14.2%) |
| Median Home Value | $79,667 |
| Average Home Value | $120,797 |
Housing Distribution
Address Breakdown
Residential
4,165
Single Family
4,021
Multi-Family
144
Businesses
257
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: IRMLS
Mls ID: #202626106