1206 Emerson 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
Investment property for sale in South Bend at 1206 Emerson Ave, South Bend, IN, 46615 earns $214/mo cash flow from $985/mo rent with a $629/mo payment. Total monthly income totals $985/mo, and annual cash flow totals $2,563/yr on $42,598 capital. ROI tracks 25.93% on current figures, and rental yield reads 9.2% at a $128,500 purchase. Equity gained on principal adds $829/yr, and 5% annual appreciation supports $35,502 over five years. Five-year ROI reaches 134.88% and total cumulative return in cash sums $57,456. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $985/mo property income instead of your personal income.
Single Family
Built in 1924
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: Carmen Ramirez Montenegro • COLLINS and CO. REALTORS - LAKEVILLE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202444692
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