4438 Field Gate Dr E,South Bend,IN,46628

Investment Highlights

Investment property for sale in South Bend at 4438 Field Gate Dr E, South Bend, IN, 46628 offers a 9.05% rental yield on a $275,000 purchase with $2,075/mo rent. Total monthly income registers $2,075/mo, and a $1,346/mo payment leaves $424/mo available for distribution. Annual cash flow reaches $5,091/yr on $91,163 to close, and return on cash invested stands at 25.49% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 132.59% and total cumulative return in cash at $120,875. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,075/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.