3915 Riverside Dr, South Bend, IN, 46628 | $597/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 3915 Riverside Dr, South Bend, IN, 46628 offers a 9.45% rental yield on a $319,900 purchase with $2,518/mo rent. Total monthly income registers $2,518/mo, and a $1,566/mo payment leaves $597/mo available for distribution. Annual cash flow reaches $7,169/yr on $106,047 to close, and return on cash invested stands at 26.67% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 138.86% and total cumulative return in cash at $147,260. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,518/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

0.40 Acres lot

$N/A/sqft

No HOA