3026 Longley Ave, South Bend, IN, 46628 | $207/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in South Bend at 3026 Longley Ave, South Bend, IN, 46628 uses $44,421 cash to close to unlock $2,490/yr annual cash flow and $207/mo monthly cash flow. Total monthly income runs $1,012/mo, and a $656/mo payment keeps the spread at $207/mo. Purchase price stands at $134,000, and rental yield measures 9.06% with $1,012/mo rent. Return on cash invested shows 25.51% in year one, and 5% annual appreciation builds toward $37,022 over five years. Five-year ROI reaches 132.69% and total cumulative return in cash records $58,943. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,012/mo property income covering a $656/mo payment rather than investor’s personal income.

Single Family

Built in 1947

6,468 sqft lot

$N/A/sqft

No HOA