2503 Flat Creek DrSouth BendIN46628
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2503 Flat Creek Dr, South Bend, IN, 46628 with 5% annual appreciation on a $359,900 basis while $2,586/mo rent supports operations. Total monthly income totals $2,586/mo and a $1,762/mo payment preserves $425/mo for cash returns. Annual cash flow comes to $5,101/yr on $119,307 deployed, and return on cash invested reaches 24.18% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 8.62%. Five-year ROI measures 125.56% and total cumulative return in cash totals $149,798.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,586/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric j Kovalak • Copper Bay Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511525
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.