51838 Melwood Ct, South Bend, IN, 46628 | $732/mo Cash Flow

For Sale

Fix & Flip

Motivated Seller

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 51838 Melwood Ct, South Bend, IN, 46628 earns $732/mo cash flow from $1,933/mo rent with a $979/mo payment. Total monthly income totals $1,933/mo, and annual cash flow totals $8,788/yr on $66,300 capital. ROI tracks 33.16% on current figures, and rental yield reads 11.6% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 173.73% and total cumulative return in cash sums $115,184. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,933/mo property income instead of your personal income.

Single Family

Built in 2005

10,018 sqft lot

$N/A/sqft

No HOA