1652 N Sheridan StSouth BendIN46628
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1652 N Sheridan St, South Bend, IN, 46628 priced at $149,900 pairs $1,212/mo rent with $312/mo cash flow after a $734/mo payment. Total monthly income equals $1,212/mo, and annual cash flow comes to $3,742/yr on $49,692 invested. Return on cash invested is 27.44% in year one, and rental yield stands at 9.7% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 142.98% and total cumulative return in cash reaches $71,051. For financing, Ziffy Mortgage’s DSCR program evaluates $1,212/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Ladewski • Irish Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518301
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.