50821 Summit Ridge TrlSouth 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 50821 Summit Ridge Trl, South Bend, IN, 46628 offers a 8.02% rental yield on a $724,999 purchase with $4,844/mo rent. Total monthly income registers $4,844/mo, and a $3,549/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,258/yr on $238,525 to close, and return on cash invested stands at 22.26% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,304 over five years. Portfolio math shows five-year ROI at 115.31% and total cumulative return in cash at $275,044. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,844/mo property income against a $3,549/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.97 Acres lot
$N/A/sqft
$640 annually HOA
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Listed by: Katrina E Mcgovern • Home Gallery, KMC Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512247
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.