1316 Helmen DrSouth 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 1316 Helmen Dr, South Bend, IN, 46615 earns $667/mo cash flow from $1,588/mo rent with a $751/mo payment. Total monthly income totals $1,588/mo, and annual cash flow totals $8,003/yr on $50,869 capital. ROI tracks 35.64% on current figures, and rental yield reads 12.42% at a $153,450 purchase. Equity gained on principal adds $990/yr, and 5% annual appreciation supports $42,395 over five years. Five-year ROI reaches 186.97% and total cumulative return in cash sums $95,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,588/mo property income instead of your personal income.
Single Family
Built in 1955
6,098 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Julia B Robbins • RE/MAX 100
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527126
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.