633 S 26th St,South Bend,IN,46615

Investment Highlights

Investment property for sale in South Bend at 633 S 26th St, South Bend, IN, 46615 listed at $146,900 pairs $1,516/mo rent with a $719/mo payment to leave $634/mo cash flow. Total monthly income runs $1,516/mo, and annual cash flow reaches $7,610/yr on $48,697 cash to close. Return on cash invested measures 35.54% in year one, and rental yield registers 12.38% at a $146,900 basis. Equity gained on principal adds $948/yr, and annual property appreciation at 5% supports $40,586 by year five. Five-year ROI tracks 186.5% and total cumulative return in cash totals $90,821. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,516/mo property income relative to a $719/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).