2715 Edison RdSouth BendIN46615
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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
Investment property for sale in South Bend at 2715 Edison Rd, South Bend, IN, 46615 uses $60,499 cash to close to unlock $6,327/yr annual cash flow and $527/mo monthly cash flow. Total monthly income runs $1,786/mo, and a $893/mo payment keeps the spread at $527/mo. Purchase price stands at $182,500, and rental yield measures 11.74% with $1,786/mo rent. Return on cash invested shows 30.37% in year one, and 5% annual appreciation builds toward $50,421 over five years. Five-year ROI reaches 159.91% and total cumulative return in cash records $96,742. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,786/mo property income covering a $893/mo payment rather than investor’s personal income.
Single Family
Built in 1959
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Amy S Talcott • Front Door Real Estate Team
Mls Name: IRMLS
Mls Provider:
Mls ID: #202540308
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.