1123 S 21st St, South Bend, IN, 46615 | $762/mo Cash Flow

For Sale

Fix & Flip

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 1123 S 21st St, South Bend, IN, 46615 earns $762/mo cash flow from $1,511/mo rent with a $611/mo payment. Total monthly income totals $1,511/mo, and annual cash flow totals $9,139/yr on $41,404 capital. ROI tracks 41.98% on current figures, and rental yield reads 14.52% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 221.01% and total cumulative return in cash sums $91,510. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,511/mo property income instead of your personal income.

Single Family

Built in 1924

6,098 sqft lot

$N/A/sqft

No HOA