4522 Ashard DrSouth BendIN46628
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 4522 Ashard Dr, South Bend, IN, 46628 in South Bend speaks for itself: 11.76% gross on a $315,000 price, generating $3,088/mo in rent and $1,197/mo in net income after the $1,416/mo debt service. DSCR 2.18, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $14,360 stacks alongside $87,029 in projected five-year appreciation and $2,901/yr in principal reduction. Projected total cumulative return: $196,258.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 5.8% |
| Monthly Cash Flow | $1,197 | $850 |
City averages based on South Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,088 |
| Total Monthly Debt Service | $1,766 |
| DSCR Ratio | 1.75x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2019
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2019
0.31 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslee Onnink • eXp Realty, LLC
Mls Name: IRMLS
Mls ID: #202535508