3721 Surrey LnSouth 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
Investment property for sale in South Bend at 3721 Surrey Ln, South Bend, IN, 46628 uses $99,119 cash to close to unlock $1,243/yr annual cash flow and $104/mo monthly cash flow. Total monthly income runs $1,898/mo, and a $1,463/mo payment keeps the spread at $104/mo. Purchase price stands at $299,000, and rental yield measures 7.62% with $1,898/mo rent. Return on cash invested shows 21.16% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 109.32% and total cumulative return in cash records $108,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,898/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.91 Acres lot
$N/A/sqft
No HOA
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Listed by: Heather Merrill • Cressy & Everett- Elkhart
Mls Name: IRMLS
Mls ID: #202532775








