317 Sylvan Glen Dr,South Bend,IN,46615

Investment Highlights

Rental property for sale in South Bend at 317 Sylvan Glen Dr, South Bend, IN, 46615 offers $2,075/mo rent that, after a $1,199/mo payment, leaves $604/mo cash flow. Total monthly income is $2,075/mo, and annual cash flow is $7,254/yr on $81,218 cash. Return on cash invested measures 28.84% in year one, and rental yield stands at 10.16% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 150.53% and total cumulative return in cash reaches $122,256. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,075/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.