1146 College St, South Bend, IN, 46628 | $629/mo Cash Flow

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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 1146 College St, South Bend, IN, 46628 offers a 13.24% rental yield on a $124,900 purchase with $1,378/mo rent. Total monthly income registers $1,378/mo, and a $611/mo payment leaves $629/mo available for distribution. Annual cash flow reaches $7,543/yr on $41,404 to close, and return on cash invested stands at 38.13% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 200.32% and total cumulative return in cash at $82,942. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,378/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1925

5,227 sqft lot

$N/A/sqft

No HOA