22234 Red Rock WaySouth 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 22234 Red Rock Way, South Bend, IN, 46628 earns $1,089/mo cash flow from $5,016/mo rent with a $3,181/mo payment. Total monthly income totals $5,016/mo, and annual cash flow totals $13,063/yr on $213,850 capital. ROI tracks 26.17% on current figures, and rental yield reads 9.26% at a $650,000 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 over five years. Five-year ROI reaches 136.18% and total cumulative return in cash sums $291,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,016/mo property income instead of your personal income.
Single Family
Built in 2017
0.55 Acres lot
$N/A/sqft
No HOA
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Listed by: Judith Allie • Milestone Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202440378
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.