726 S Falcon St, South Bend, IN, 46619 | $178/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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726 S Falcon St, South Bend, IN, 46619 | $178/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in South Bend at 726 S Falcon St, South Bend, IN, 46619 priced at $199,500 converts $1,375/mo rent into $178/mo cash flow after a $976/mo obligation. Total monthly income equals $1,375/mo, and annual cash flow totals $2,135/yr on $66,134 invested. Return on cash invested prints 23.14% in year one, and rental yield reads 8.27% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 119.89% and total cumulative return in cash sums $79,291. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,375/mo property income covering a $976/mo payment, not borrower’s personal income.

Single Family

Built in 1949

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

~~Charming Fieldstone Masonry Home with Extensive Updates Throughout including: * NEW METAL ROOF on both the home and garage * ALL NEW WINDOWS * NEW KITCHEN CABINETS AND APPLIANCES * NEW FLOORING AND FRESH PAINT THROUGHOUT * REMODELED BATHROOMS and * NEW LIGHT FIXTURES IN EVERY ROOM*~~~ Discover the perfect blend of timeless craftsmanship and modern comfort in this beautifully restored 1-story fieldstone masonry home. Set on two spacious lots totaling 0.27 acres, this property offers an abundance of character, and an array of brand-new features that make it truly move-in ready. From the moment you arrive, the classic fieldstone exterior and stone-built wall surrounding the front of the property, provide curb appeal and set an inviting tone. A private drive guides you to the oversized two-stall garage, complete with a large loft for storage or future workspace and equipped with new overhead garage doors with openers. Inside, nearly 2,018 finished square feet have been thoughtfully updated from top to bottom. The main floor features refinished hardwood floors that stretch across the expansive living room, formal dining room, and main level bedroom, creating a warm and elegant flow. A fully remodeled half bath adds convenience on the main level. The heart of the home is the stunning completely remodeled kitchen, showcasing brand-new cabinetry, countertops, flooring, and a full suite of modern appliances, perfect for everyday living or entertaining. Upstairs, youll find a fully remodeled full bath, a generously sized primary bedroom, and a comfortable secondary bedroom, all refreshed with new flooring, paint, and light fixtures. The home also includes a full basement with approximately 400 finished square feet, ideal for an office, playroom, or storage. Fieldstone homes are architectural treasures known for their historic charm and natural beauty--and this one has been revitalized to preserve that character while offering the modern comforts buyers appreciate. If you're looking for a unique, beautifully updated home with a spacious lot, abundant charm, and exceptional upgrades, this is the one!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46619, South Bend, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,203 (100%)
Owner Occupied HU	5,324 (64.9%)
Renter Occupied HU	2,198 (26.8%)
Vacant Housing Units	681 ( 8.3%)
Median Home Value	$137,308
Average Home Value	$175,526