50960 Redwood RdSouth 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
Total monthly income runs $3,127/mo, and a $3,661/mo payment. Purchase price stands at $748,000, and rental yield measures 5.02% with $3,127/mo rent. Return on cash invested shows 12.85% in year one, and 5% annual appreciation builds toward $206,659 over five years. Five-year ROI reaches 64.92% and total cumulative return in cash records $159,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,127/mo property income covering a $3,661/mo payment rather than investor’s personal income.
Single Family
Built in 1988
10.11 Acres lot
$N/A/sqft
No HOA
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Listed by: Jennifer Lillie • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509521
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