1117 Whitehall DrSouth BendIN46615
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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
Investment property for sale in South Bend at 1117 Whitehall Dr, South Bend, IN, 46615 uses $59,670 cash to close to unlock $13,254/yr annual cash flow and $1,105/mo monthly cash flow. Total monthly income runs $2,185/mo, and a $881/mo payment keeps the spread at $1,105/mo. Purchase price stands at $180,000, and rental yield measures 14.57% with $2,185/mo rent. Return on cash invested shows 42.12% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 221.75% and total cumulative return in cash records $132,317. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,185/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1956
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Kimberly Clingenpeel • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202545481
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