1612 Jody CtSouth 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
Investment property for sale in South Bend at 1612 Jody Ct, South Bend, IN, 46628 uses $92,986 cash to close to unlock $1,200/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $1,786/mo, and a $1,373/mo payment keeps the spread at $100/mo. Purchase price stands at $280,500, and rental yield measures 7.64% with $1,786/mo rent. Return on cash invested shows 21.2% in year one, and 5% annual appreciation builds toward $77,497 over five years. Five-year ROI reaches 109.58% and total cumulative return in cash records $101,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,786/mo property income covering a $1,373/mo payment rather than investor’s personal income.
Single Family
Built in 2001
9,060 sqft lot
$N/A/sqft
$25 annually HOA
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Listed by: Matt R Curry • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202528916
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