4924 Masthead 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 4924 Masthead Ct, South Bend, IN, 46628 offers a 7.37% rental yield on a $393,000 purchase with $2,413/mo rent. Total monthly income registers $2,413/mo, and a $1,924/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $190/yr on $130,280 to close, and return on cash invested stands at 20.05% in year one. Equity gained on principal adds $2,536/yr while 5% annual appreciation supports $108,579 over five years. Portfolio math shows five-year ROI at 103.5% and total cumulative return in cash at $134,834. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,413/mo property income against a $1,924/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.33 Acres lot
$N/A/sqft
$400 annually HOA
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Listed by: Bruce L Gordon • Hallmark Real Estate, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509997
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.