6615 Leeway Dr,South Bend,IN,46628

Investment Highlights

Investment property for sale in South Bend at 6615 Leeway Dr, South Bend, IN, 46628 listed at $619,000 pairs $2,336/mo rent with a $3,030/mo payment. Total monthly income runs $2,336/mo. Return on cash invested measures 11.93% in year one, and rental yield registers 4.53% at a $619,000 basis. Equity gained on principal adds $3,994/yr, and annual property appreciation at 5% supports $171,018 by year five. Five-year ROI tracks 59.76% and total cumulative return in cash totals $121,705. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,336/mo property income relative to a $3,030/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).