51070 Outer DrSouth 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 51070 Outer Dr, South Bend, IN, 46628 earns $1,238/mo cash flow from $3,731/mo rent with a $2,031/mo payment. Total monthly income totals $3,731/mo, and annual cash flow totals $14,853/yr on $137,573 capital. ROI tracks 30.71% on current figures, and rental yield reads 10.79% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 160.5% and total cumulative return in cash sums $220,809. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,731/mo property income instead of your personal income.
Single Family
Built in 1995
0.90 Acres lot
$N/A/sqft
$27 annually HOA
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Listed by: Laurie Ladow • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438196
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.