231 N Ironwood Dr,South Bend,IN,46615

Investment Highlights

Investment property for sale in South Bend at 231 N Ironwood Dr, South Bend, IN, 46615 earns $936/mo cash flow from $2,346/mo rent with a $1,150/mo payment. Total monthly income totals $2,346/mo, and annual cash flow totals $11,228/yr on $77,869 capital. ROI tracks 34.33% on current figures, and rental yield reads 11.98% at a $234,900 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,899 over five years. Five-year ROI reaches 179.93% and total cumulative return in cash sums $140,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,346/mo property income instead of your personal income.