1105 College StSouth BendIN46628
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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 1105 College St, South Bend, IN, 46628 priced at $104,900 converts $802/mo rent into $129/mo cash flow after a $513/mo obligation. Total monthly income equals $802/mo, and annual cash flow totals $1,547/yr on $34,774 invested. Return on cash invested prints 24.36% in year one, and rental yield reads 9.17% against a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation compiles into $28,982 by year five. Five-year ROI reaches 126.97% and total cumulative return in cash sums $44,154. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $802/mo property income covering a $513/mo payment, not borrower’s personal income.
Single Family
Built in 1923
3,484 sqft lot
$N/A/sqft
No HOA
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Listed by: Jen Arizmendi • Addresses Unlimited, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202425202
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.