2520 Mishawaka Ave,South Bend,IN,46615

Investment Highlights

Investment property for sale in South Bend at 2520 Mishawaka Ave, South Bend, IN, 46615 listed at $144,900 pairs $1,096/mo rent with a $709/mo payment to leave $226/mo cash flow. Total monthly income runs $1,096/mo, and annual cash flow reaches $2,717/yr on $48,034 cash to close. Return on cash invested measures 25.56% in year one, and rental yield registers 9.08% at a $144,900 basis. Equity gained on principal adds $935/yr, and annual property appreciation at 5% supports $40,033 by year five. Five-year ROI tracks 132.98% and total cumulative return in cash totals $63,877. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,096/mo property income relative to a $709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).