1122 Fremont St,South Bend,IN,46628

Investment Highlights

Investment property for sale in South Bend at 1122 Fremont St, South Bend, IN, 46628 offers a 12.66% rental yield on a $125,000 purchase with $1,319/mo rent. Total monthly income registers $1,319/mo, and a $612/mo payment leaves $568/mo available for distribution. Annual cash flow reaches $6,822/yr on $41,438 to close, and return on cash invested stands at 36.37% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 190.94% and total cumulative return in cash at $79,121. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,319/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.