1225 Manchester Dr, South Bend, IN, 46615 | $895/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

Investment property for sale in South Bend at 1225 Manchester Dr, South Bend, IN, 46615 uses $82,544 cash to close to unlock $10,740/yr annual cash flow and $895/mo monthly cash flow. Total monthly income runs $2,390/mo, and a $1,219/mo payment keeps the spread at $895/mo. Purchase price stands at $249,000, and rental yield measures 11.52% with $2,390/mo rent. Return on cash invested shows 32.92% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 172.44% and total cumulative return in cash records $142,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,390/mo property income covering a $1,219/mo payment rather than investor’s personal income.

Single Family

Built in 1955

8,276 sqft lot

$N/A/sqft

No HOA