1207 Wayne St SSouth 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 1207 Wayne St S, South Bend, IN, 46615 earns from $2,836/mo rent with a $2,834/mo payment. Total monthly income totals $2,836/mo. ROI tracks 16.03% on current figures, and rental yield reads 5.88% at a $579,000 purchase. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 over five years. Five-year ROI reaches 81.77% and total cumulative return in cash sums $155,767. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,836/mo property income instead of your personal income.
Single Family
Built in 1959
0.35 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Christine Tirotta • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510852
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