2118 Lincoln Way W, South Bend, IN, 46628 | $318/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1344 sft

716 Blaine Ave, South Bend, IN, 46616

1 Bed
1 Bath
609 sft

26416 Lakeview Dr, South Bend, IN, 46619

Investment Property+ 2 more

3 Bed
2 Bath
1136 sft

54590 Bethany Dr, Mishawaka, IN, 46545

2 Bed
1 Bath
832 sft

128 Milton St, South Bend, IN, 46613

Nearby investment properties with comparable prices

6 Bed
2 Bath
3016 sft

817 Middlebury St, Elkhart, IN, 46516

2 Bed
1 Bath
1186 sft

1002 Alabama St, Mishawaka, IN, 46544

4 Bed
2 Bath
1386 sft

1207 N Olive St, South Bend, IN, 46628

3 Bed
1 Bath
1512 sft

6105 Burrus Rd, Galien, MI, 49113

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in South Bend at 2118 Lincoln Way W, South Bend, IN, 46628 offers a 9.39% rental yield on a $174,995 purchase with $1,369/mo rent. Total monthly income registers $1,369/mo, and a $857/mo payment leaves $318/mo available for distribution. Annual cash flow reaches $3,817/yr on $58,011 to close, and return on cash invested stands at 26.49% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,348 over five years. Portfolio math shows five-year ROI at 137.98% and total cumulative return in cash at $80,045. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,369/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1921

6,098 sqft lot

$N/A/sqft

No HOA