51550 Orange Rd, South Bend, IN, 46628 | $601/mo Cash Flow

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51550 Orange Rd, South Bend, IN, 46628 | $601/mo Cash Flow | Ziffy

For Sale

Listed for sale 2 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

Investment property for sale in South Bend at 51550 Orange Rd, South Bend, IN, 46628 listed at $185,000 pairs $1,711/mo rent with a $905/mo payment to leave $601/mo cash flow. Total monthly income runs $1,711/mo, and annual cash flow reaches $7,212/yr on $61,328 cash to close. Return on cash invested measures 31.67% in year one, and rental yield registers 11.1% at a $185,000 basis. Equity gained on principal adds $1,194/yr, and annual property appreciation at 5% supports $51,112 by year five. Five-year ROI tracks 165.64% and total cumulative return in cash totals $101,583. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,711/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1960

0.89 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming ranch on nearly an acre! This three-bedroom, one-and-a-half bath ranch is located on South Bend's northwest side. Set on almost a full acre, this home offers the perfect blend of space, comfort, and convenience. Hardwoods are intact and basement is partially finished with access to the backyard. Enjoy the expansive yard with plenty of room for outdoor entertaining, gardening and future possibilities. Conveniently located - this home offers quick access to shopping, dining, and commuting routes all the while providing a peaceful setting. Owned by the same family for nearly 57 years - this home is ready for its next owners! Schedule your showing today!