1420 Medora St, South Bend, IN, 46628 | $898/mo Cash Flow

Off market

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 1420 Medora St, South Bend, IN, 46628 offers a 17.58% rental yield on a $110,300 purchase with $1,616/mo rent. Total monthly income registers $1,616/mo, and a $540/mo payment leaves $898/mo available for distribution. Annual cash flow reaches $10,776/yr on $36,564 to close, and return on cash invested stands at 49.38% in year one. Equity gained on principal adds $712/yr while 5% annual appreciation supports $30,474 over five years. Portfolio math shows five-year ROI at 261.3% and total cumulative return in cash at $95,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,616/mo property income against a $540/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1925

6,098 sqft lot

$N/A/sqft

No HOA