1029 Huey St, South Bend, IN, 46628 | $343/mo Cash Flow

For Sale

Currently Rented

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 1029 Huey St, South Bend, IN, 46628 offers a 9.88% rental yield on a $153,997 purchase with $1,268/mo rent. Total monthly income registers $1,268/mo, and a $754/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,120/yr on $51,050 to close, and return on cash invested stands at 27.98% in year one. Equity gained on principal adds $994/yr while 5% annual appreciation supports $42,547 over five years. Portfolio math shows five-year ROI at 145.93% and total cumulative return in cash at $74,497. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,268/mo property income against a $754/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1952

5,227 sqft lot

$N/A/sqft

No HOA