537 S 27th St, South Bend, IN, 46615 | $720/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1523 sft

4527 Ford St, South Bend, IN, 46619

2 Bed
2 Bath
1420 sft

56040 River Hts, Elkhart, IN, 46516

3 Bed
1 Bath
2200 sft

1045 Eclipse Pl, South Bend, IN, 46628

Investment Property+ 1 more

2 Bed
1 Bath
1047 sft

703 Maple St, Mishawaka, IN, 46545

Nearby investment properties with comparable prices

4 Bed
2 Bath
1400 sft

518 S Ironwood Dr, South Bend, IN, 46615

3 Bed
2 Bath
960 sft

61140 Barron Lake Rd, Niles, MI, 49120

2 Bed
1 Bath
864 sft

902 E Ewing Ave, South Bend, IN, 46613

4 Bed
1 Bath
1980 sft

1609 Florence Ave, 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

Explore more listings using simple english

Investment Highlights

Investment property for sale in South Bend at 537 S 27th St, South Bend, IN, 46615 uses $52,709 cash to close to unlock $8,637/yr annual cash flow and $720/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $778/mo payment keeps the spread at $720/mo. Purchase price stands at $159,000, and rental yield measures 12.63% with $1,674/mo rent. Return on cash invested shows 36.3% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 190.49% and total cumulative return in cash records $100,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $778/mo payment rather than investor’s personal income.

Single Family

Built in 1924

5,227 sqft lot

$N/A/sqft

No HOA