1641 N Adams 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 1641 N Adams St, South Bend, IN, 46628 offers $1,277/mo rent that, after a $655/mo payment, leaves $433/mo cash flow. Total monthly income is $1,277/mo, and annual cash flow is $5,195/yr on $44,355 cash. Return on cash invested measures 31.62% in year one, and rental yield stands at 11.45% at a $133,800 entry. Equity gained on principal adds $863/yr while 5% annual appreciation compounds into $36,966 by year five. Five-year ROI records 165.81% and total cumulative return in cash reaches $73,544. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,277/mo property income versus a $655/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Leah M Mark • Red Bow Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527683
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.