502 S 28th St, South Bend, IN, 46615 | $750/mo Cash Flow

Off market

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 502 S 28th St, South Bend, IN, 46615 earns $750/mo cash flow from $1,505/mo rent with a $593/mo payment. Total monthly income totals $1,505/mo, and annual cash flow totals $8,999/yr on $40,178 capital. ROI tracks 42.31% on current figures, and rental yield reads 14.9% at a $121,200 purchase. Equity gained on principal adds $782/yr, and 5% annual appreciation supports $33,485 over five years. Five-year ROI reaches 223.02% and total cumulative return in cash sums $89,604. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,505/mo property income instead of your personal income.

Single Family

Built in 1927

5,120 sqft lot

$N/A/sqft

No HOA