21485 Wallen DrSouth 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
Investment property for sale in South Bend at 21485 Wallen Dr, South Bend, IN, 46628 earns $95/mo cash flow from $2,226/mo rent with a $1,738/mo payment. Total monthly income totals $2,226/mo, and annual cash flow totals $1,134/yr on $117,683 capital. ROI tracks 20.87% on current figures, and rental yield reads 7.52% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 107.78% and total cumulative return in cash sums $126,840. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,226/mo property income instead of your personal income.
Single Family
Built in 1978
1.15 Acres lot
$N/A/sqft
No HOA
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Listed by: Dennis Bamber • Cressy & Everett- Elkhart
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519476
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.