51887 Quince 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
Investment property for sale in South Bend at 51887 Quince Rd, South Bend, IN, 46628 offers a 8.13% rental yield on a $450,500 purchase with $3,053/mo rent. Total monthly income registers $3,053/mo, and a $2,205/mo payment leaves $342/mo available for distribution. Annual cash flow reaches $4,108/yr on $149,341 to close, and return on cash invested stands at 22.66% in year one. Equity gained on principal adds $2,907/yr while 5% annual appreciation supports $124,465 over five years. Portfolio math shows five-year ROI at 117.38% and total cumulative return in cash at $175,291. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,053/mo property income against a $2,205/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
1.19 Acres lot
$N/A/sqft
No HOA
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Listed by: Nicholas Molnar • Realst8.com LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439588
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.