222 N Tuxedo Dr, South Bend, IN, 46615 | $365/mo Cash Flow

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 222 N Tuxedo Dr, South Bend, IN, 46615 offers a 9.03% rental yield on a $239,900 purchase with $1,805/mo rent. Total monthly income registers $1,805/mo, and a $1,174/mo payment leaves $365/mo available for distribution. Annual cash flow reaches $4,381/yr on $79,527 to close, and return on cash invested stands at 25.42% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 132.19% and total cumulative return in cash at $105,127. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,805/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1954

6,969 sqft lot

$N/A/sqft

No HOA