53182 Grassy Knoll Dr, South Bend, IN, 46628 | $723/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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ROI

Cash Flow/m

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- Bath
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Durness Woods Dr #J0MYDV, South Bend, IN, 46628

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 53182 Grassy Knoll Dr, South Bend, IN, 46628 uses $172,692 cash to close to unlock $8,679/yr annual cash flow and $723/mo monthly cash flow. Total monthly income runs $3,874/mo, and a $2,569/mo payment keeps the spread at $723/mo. Purchase price stands at $524,900, and rental yield measures 8.86% with $3,874/mo rent. Return on cash invested shows 25.09% in year one, and 5% annual appreciation builds toward $145,020 over five years. Five-year ROI reaches 130.35% and total cumulative return in cash records $225,097. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,874/mo property income covering a $2,569/mo payment rather than investor’s personal income.

Single Family

Built in 2005

0.49 Acres lot

$N/A/sqft

No HOA