1205 Pyle Ave, South Bend, IN, 46615 | $282/mo Cash Flow

For Sale

Listed for sale 1 day ago

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

Rental property for sale in South Bend at 1205 Pyle Ave, South Bend, IN, 46615 generates $1,675/mo in rent and, after a $1,136/mo payment, leaves $282/mo in cash flow. Total monthly income is $1,675/mo, and annual cash flow is $3,382/yr on $76,908 invested. Return on cash invested sits at 24.31% in year one, and rental yield is 8.66% on a $232,000 entry. Equity gained on principal adds $1,497/yr, while 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 126.18% and total cumulative return in cash sums $97,043. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,675/mo property income rather than buyer’s personal income.

Single Family

Built in 1954

7,405 sqft lot

$N/A/sqft

No HOA