2925 E Hastings StSouth 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
Rental property for sale in South Bend at 2925 E Hastings St, South Bend, IN, 46615 priced at $134,900 pairs $1,092/mo rent with $282/mo cash flow after a $660/mo payment. Total monthly income equals $1,092/mo, and annual cash flow comes to $3,390/yr on $44,719 invested. Return on cash invested is 27.49% in year one, and rental yield stands at 9.71% on a $134,900 basis. Equity gained on principal adds $870/yr, and 5% annual appreciation accumulates to $37,270 by year five. Five-year ROI measures 143.31% and total cumulative return in cash reaches $64,085. For financing, Ziffy Mortgage’s DSCR program evaluates $1,092/mo property income against a $660/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Dan Thompson • Lochmondy Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509831
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.