1017 S 23rd St, South Bend, IN, 46615 | $349/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in South Bend at 1017 S 23rd St, South Bend, IN, 46615 earns $349/mo cash flow from $1,549/mo rent with a $978/mo payment. Total monthly income totals $1,549/mo, and annual cash flow totals $4,193/yr on $66,267 capital. ROI tracks 26.24% on current figures, and rental yield reads 9.3% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 136.56% and total cumulative return in cash sums $90,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,549/mo property income instead of your personal income.

Single Family

Built in 1892

8,581 sqft lot

$N/A/sqft

No HOA