1225 Wayne St N, South Bend, IN, 46615 | 2.4% Rental Yield

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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 Wayne St N, South Bend, IN, 46615 offers a 2.4% rental yield on a $1,000,000 purchase with $1,996/mo rent. 44% in year one. Equity gained on principal adds $6,453/yr while 5% annual appreciation supports $276,282 over five years. Portfolio math shows five-year ROI at 24.99% and total cumulative return in cash at $82,216. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,996/mo property income against a $4,895/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1926

0.74 Acres lot

$N/A/sqft

No HOA