1136 Sunnymede AveSouth 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
Rental property for sale in South Bend at 1136 Sunnymede Ave, South Bend, IN, 46615 generates $1,624/mo in rent and, after a $1,223/mo payment, leaves $121/mo in cash flow. Total monthly income is $1,624/mo, and annual cash flow is $1,451/yr on $82,842 invested. Return on cash invested sits at 21.66% in year one, and rental yield is 7.8% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 112.02% and total cumulative return in cash sums $92,798. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,624/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
5,662 sqft lot
$N/A/sqft
No HOA
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Listed by: Niel Kluszczynski • Realty Plus, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510128
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.