1518 Keller StSouth BendIN46628
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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
Rental property for sale in South Bend at 1518 Keller St, South Bend, IN, 46628 offers $1,240/mo rent that, after a $563/mo payment, leaves $502/mo cash flow. Total monthly income is $1,240/mo, and annual cash flow is $6,027/yr on $38,123 cash. Return on cash invested measures 35.72% in year one, and rental yield stands at 12.94% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 188.01% and total cumulative return in cash reaches $71,673. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,240/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
4,356 sqft lot
$N/A/sqft
No HOA
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Listed by: Patricia Miller • Century 21 Circle
Mls Name: IRMLS
Mls Provider:
Mls ID: #202500297
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.