53435 Olive 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 53435 Olive Rd, South Bend, IN, 46628 listed at $397,000 pairs $2,113/mo rent with a $1,943/mo payment. Total monthly income runs $2,113/mo. Return on cash invested measures 17.45% in year one, and rental yield registers 6.39% at a $397,000 basis. Equity gained on principal adds $2,562/yr, and annual property appreciation at 5% supports $109,684 by year five. Five-year ROI tracks 89.38% and total cumulative return in cash totals $117,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,113/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
6 Acres lot
$N/A/sqft
No HOA
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Listed by: Brooklynn Ross • Coldwell Banker Realty dba Coldwell Banker Residential Brokerage
Mls Name: IRMLS
Mls Provider:
Mls ID: #202540169
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