1207 N Olive St,South Bend,IN,46628

Investment Highlights

Investment property for sale in South Bend at 1207 N Olive St, South Bend, IN, 46628 offers a 9.41% rental yield on a $149,000 purchase with $1,169/mo rent. Total monthly income registers $1,169/mo, and a $729/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,298/yr on $49,394 to close, and return on cash invested stands at 26.59% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 138.39% and total cumulative return in cash at $68,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,169/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.