2223 Bergan StSouth 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 2223 Bergan St, South Bend, IN, 46628 with 5% annual appreciation on a $135,000 basis while $1,020/mo rent supports operations. Total monthly income totals $1,020/mo and a $661/mo payment preserves $193/mo for cash returns. Annual cash flow comes to $2,314/yr on $44,753 deployed, and return on cash invested reaches 25.08% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.07%. Five-year ROI measures 130.51% and total cumulative return in cash totals $58,405.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,020/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
7,884 sqft lot
$N/A/sqft
No HOA
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Listed by: Shane A Williams • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510075
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