1126 Johnson St,South Bend,IN,46628

Investment Highlights

Rental property for sale in South Bend at 1126 Johnson St, South Bend, IN, 46628 priced at $159,900 converts $1,591/mo rent into $631/mo cash flow after a $783/mo obligation. Total monthly income equals $1,591/mo, and annual cash flow totals $7,569/yr on $53,007 invested. Return on cash invested prints 34.19% in year one, and rental yield reads 11.94% against a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,177 by year five. Five-year ROI reaches 179.2% and total cumulative return in cash sums $94,986. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,591/mo property income covering a $783/mo payment, not borrower’s personal income.