4915 Stern Line CtSouth BendIN46628
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 4915 Stern Line Ct, South Bend, IN, 46628 in South Bend offers a clean, manageable entry. Rental yield 6.33%. DSCR 1.17 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $154,690 in additional property value over five years, with $5,157/yr in principal equity building ownership stake. Total projected cumulative return: $171,197.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 5.8% |
| Monthly Cash Flow | $(648) | $850 |
City averages based on South Bend market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,955 |
| Total Monthly Debt Service | $3,380 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 2015
0.38 Acres lot
$N/A/sqft
$2,592 annually 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
Condo
Built in 2015
0.38 Acres lot
$N/A/sqft
$2,592 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leah M Mark • Red Bow Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512233
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.