2506 Prast BlvdSouth BendIN46628
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 2506 Prast Blvd, South Bend, IN, 46628 in South Bend. Priced at $125,300, it generates $2,084/mo in gross rent and $1,164/mo in net monthly cash flow, a 19.96% yield that comfortably supports the 3.70 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $13,966. Five-year appreciation: $34,618. Equity from principal paydown: $1,154/yr. Total projected cumulative return: $123,045.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20% | 5.8% |
| Monthly Cash Flow | $1,164 | $850 |
City averages based on South Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,084 |
| Total Monthly Debt Service | $871 |
| DSCR Ratio | 2.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1931
N/A lot
$N/A/sqft
No HOA
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
Single Family
Built in 1931
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A