1618 N Olive 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
Investment property for sale in South Bend at 1618 N Olive St, South Bend, IN, 46628 earns $849/mo cash flow from $1,588/mo rent with a $600/mo payment. Total monthly income totals $1,588/mo, and annual cash flow totals $10,186/yr on $40,639 capital. ROI tracks 44.97% on current figures, and rental yield reads 15.54% at a $122,590 purchase. Equity gained on principal adds $791/yr, and 5% annual appreciation supports $33,869 over five years. Five-year ROI reaches 237.07% and total cumulative return in cash sums $96,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,588/mo property income instead of your personal income.
Single Family
Built in 1960
5,227 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Nick DeMaegd • Century 21 Circle
Mls Name: IRMLS
Mls Provider:
Mls ID: #202440012
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.