2022 Swygart Ave, South Bend, IN, 46613 | $176/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2022 Swygart Ave, South Bend, IN, 46613 | $176/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in South Bend at 2022 Swygart Ave, South Bend, IN, 46613 offers a 9.19% rental yield on a $106,000 purchase with $812/mo rent. Total monthly income registers $812/mo, and a $519/mo payment leaves $176/mo available for distribution. Annual cash flow reaches $2,106/yr on $35,139 to close, and return on cash invested stands at 25.9% in year one. Equity gained on principal adds $684/yr while 5% annual appreciation supports $29,286 over five years. Portfolio math shows five-year ROI at 134.8% and total cumulative return in cash at $47,368. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $812/mo property income against a $519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1951

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Cheaper than Rent! Make this wonderfully renovated two bedroom your home and build equity. Opportunity to have a garden and beautiful yard. There is a pad to add a garage. There is a separate detached already there. Landlord good one to add to your portfolio. Sold as is

Neighborhood Data

Neighborhood data shown for ZIP Code: 46613, South Bend, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,533 (100%)
Owner Occupied HU	1,996 (44.0%)
Renter Occupied HU	1,893 (41.8%)
Vacant Housing Units	644 (14.2%)
Median Home Value	$79,667
Average Home Value	$120,797