51265 Enchanted Oak Ct, South Bend, IN, 46628 | $131/mo Cash Flow

For Sale

Listed for sale 6 days ago

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

Rental property for sale in South Bend at 51265 Enchanted Oak Ct, South Bend, IN, 46628 generates $3,306/mo in rent and, after a $2,589/mo payment, leaves $131/mo in cash flow. Total monthly income is $3,306/mo, and annual cash flow is $1,568/yr on $174,041 invested. Return on cash invested sits at 20.96% in year one, and rental yield is 7.5% on a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 108.2% and total cumulative return in cash sums $188,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,306/mo property income rather than buyer’s personal income.

Single Family

Built in 2005

0.32 Acres lot

$N/A/sqft

No HOA