4149 Spring Hill CtSouth 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 4149 Spring Hill Ct, South Bend, IN, 46628 offers a 7.65% rental yield on a $300,000 purchase with $1,912/mo rent. Total monthly income registers $1,912/mo, and a $1,468/mo payment leaves $100/mo available for distribution. Annual cash flow reaches $1,197/yr on $99,450 to close, and return on cash invested stands at 21.11% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 109.1% and total cumulative return in cash at $108,504. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,912/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.37 Acres lot
$N/A/sqft
No HOA
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Listed by: Matt R Curry • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510978
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