2733 Lincoln Way WSouth 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 2733 Lincoln Way W, South Bend, IN, 46628 generates $2,356/mo in rent and, after a $1,199/mo payment, leaves $885/mo in cash flow. Total monthly income is $2,356/mo, and annual cash flow is $10,626/yr on $81,218 invested. Return on cash invested sits at 32.99% in year one, and rental yield is 11.54% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 172.78% and total cumulative return in cash sums $140,328. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,356/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
0.37 Acres lot
$N/A/sqft
No HOA
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Listed by: Irma Buczynski • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202541943
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.