26777 Edison RdSouth 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
Rental property for sale in South Bend at 26777 Edison Rd, South Bend, IN, 46628 generates $1,523/mo in rent and, after a $905/mo payment, leaves $413/mo in cash flow. Total monthly income is $1,523/mo, and annual cash flow is $4,956/yr on $61,328 invested. Return on cash invested sits at 27.99% in year one, and rental yield is 9.88% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 145.92% and total cumulative return in cash sums $89,487. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,523/mo property income rather than buyer’s personal income.
Single Family
Built in 1924
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Teddy Shepherd • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523449
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.