1145 Ebeling 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 1145 Ebeling Dr, South Bend, IN, 46615 listed at $179,900 pairs $1,421/mo rent with a $881/mo payment to leave $335/mo cash flow. Total monthly income runs $1,421/mo, and annual cash flow reaches $4,019/yr on $59,637 cash to close. Return on cash invested measures 26.65% in year one, and rental yield registers 9.48% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 138.78% and total cumulative return in cash totals $82,761. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,421/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Paul G Gjemre • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202429572
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.