1738 Sunnymede AveSouth BendIN46615
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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 1738 Sunnymede Ave, South Bend, IN, 46615 listed at $189,900 pairs $1,392/mo rent with a $929/mo payment to leave $253/mo cash flow. Total monthly income runs $1,392/mo, and annual cash flow reaches $3,030/yr on $62,952 cash to close. Return on cash invested measures 24.72% in year one, and rental yield registers 8.8% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 128.43% and total cumulative return in cash totals $80,849. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,392/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Niel Kluszczynski • Realty Plus, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524754
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