53785 Westmoreland CtSouth 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 53785 Westmoreland Ct, South Bend, IN, 46628 uses $91,163 cash to close to unlock $2,468/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $1,872/mo, and a $1,346/mo payment keeps the spread at $206/mo. Purchase price stands at $275,000, and rental yield measures 8.17% with $1,872/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 117.2% and total cumulative return in cash records $106,847. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,872/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.27 Acres lot
$N/A/sqft
$110 annually HOA
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Listed by: David Perry • RE/MAX 100
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515247
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.