1514 Viking Dr, South Bend, IN, 46628 | $422/mo Cash Flow

For Sale

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

Rental property for sale in South Bend at 1514 Viking Dr, South Bend, IN, 46628 generates $1,617/mo in rent and, after a $974/mo payment, leaves $422/mo in cash flow. Total monthly income is $1,617/mo, and annual cash flow is $5,069/yr on $65,969 invested. Return on cash invested sits at 27.59% in year one, and rental yield is 9.75% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 143.86% and total cumulative return in cash sums $94,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,617/mo property income rather than buyer’s personal income.

Single Family

Built in 1971

6,969 sqft lot

$N/A/sqft

No HOA