1417 Wall St,South Bend,IN,46615

Investment Highlights

Investment property for sale in South Bend at 1417 Wall St, South Bend, IN, 46615 listed at $296,000 pairs $2,150/mo rent with a $1,449/mo payment to leave $373/mo cash flow. Total monthly income runs $2,150/mo, and annual cash flow reaches $4,475/yr on $98,124 cash to close. Return on cash invested measures 24.47% in year one, and rental yield registers 8.72% at a $296,000 basis. Equity gained on principal adds $1,910/yr, and annual property appreciation at 5% supports $81,779 by year five. Five-year ROI tracks 127.04% and total cumulative return in cash totals $124,660. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,150/mo property income relative to a $1,449/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).