22470 Walnut CtSouth 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 22470 Walnut Ct, South Bend, IN, 46628 offers a 11.42% rental yield on a $549,900 purchase with $5,233/mo rent. Total monthly income registers $5,233/mo, and a $2,691/mo payment leaves $1,733/mo available for distribution. Annual cash flow reaches $20,790/yr on $180,917 to close, and return on cash invested stands at 31.55% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,927 over five years. Portfolio math shows five-year ROI at 165.48% and total cumulative return in cash at $299,390. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,233/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.59 Acres lot
$N/A/sqft
$200 monthly HOA
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Listed by: Marvin J Moore • Open Door Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510267
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.