52043 Justine 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 52043 Justine Dr, South Bend, IN, 46628 uses $76,908 cash to close to unlock $11,674/yr annual cash flow and $973/mo monthly cash flow. Total monthly income runs $2,366/mo, and a $1,136/mo payment keeps the spread at $973/mo. Purchase price stands at $232,000, and rental yield measures 12.24% with $2,366/mo rent. Return on cash invested shows 35.09% in year one, and 5% annual appreciation builds toward $64,097 over five years. Five-year ROI reaches 184.01% and total cumulative return in cash records $141,515. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,366/mo property income covering a $1,136/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.40 Acres lot
$N/A/sqft
No HOA
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Listed by: Keith A Raven • Berkshire Hathaway HomeServices Northern Indiana Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202501302
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