4420 Meadow Ln, South Bend, IN, 46619 | $368/mo Cash Flow

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4420 Meadow Ln, South Bend, IN, 46619 | $368/mo Cash Flow | Ziffy

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 4420 Meadow Ln, South Bend, IN, 46619 offers a 10.01% rental yield on a $157,000 purchase with $1,310/mo rent. Total monthly income registers $1,310/mo, and a $768/mo payment leaves $368/mo available for distribution. Annual cash flow reaches $4,416/yr on $52,046 to close, and return on cash invested stands at 28.39% in year one. Equity gained on principal adds $1,013/yr while 5% annual appreciation supports $43,376 over five years. Portfolio math shows five-year ROI at 148.06% and total cumulative return in cash at $77,060. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,310/mo property income against a $768/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1953

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated 4 bedroom home with extensive renovations throughout. Move right into this fully refreshed home offering modern updates from top to bottom. The home features a brand new roof, freshly repaired and repainted kitchen cabinets, new countertops, new sink and faucet, and all new stainless steel appliances. Enjoy low-maintenance living with new LVP flooring in the main living areas and new carpet in all bedrooms and stairs. The interior has been completely revitalized with full drywall repairs and fresh paint throughout. Both bathrooms have been updated with new vanities and toilets, along with tub-area repairs on the main level. Window panes have been replaced with new glass for improved efficiency and clarity. This home also offers significant mechanical and finish upgrades: new light fixtures, updated outlets and switches, new interior doors and hardware, new locks, a newly installed washer box, and extensive exterior improvements including siding, trim, soffit/fascia, concrete, steps, and power washing. To top it off the garage door opener has been replaced for added convenience and peace of mind. With its long list of recent updates, this home is truly move-in ready, perfect for buyers seeking stye, comfort, and value.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46619, South Bend, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,203 (100%)
Owner Occupied HU	5,324 (64.9%)
Renter Occupied HU	2,198 (26.8%)
Vacant Housing Units	681 ( 8.3%)
Median Home Value	$137,308
Average Home Value	$175,526