727 Diamond AveSouth 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
Rental property for sale in South Bend at 727 Diamond Ave, South Bend, IN, 46628 priced at $101,000 pairs $1,748/mo rent with $1,079/mo cash flow after a $494/mo payment. Total monthly income equals $1,748/mo, and annual cash flow comes to $12,948/yr on $33,482 invested. Return on cash invested is 58.58% in year one, and rental yield stands at 20.77% on a $101,000 basis. Equity gained on principal adds $652/yr, and 5% annual appreciation accumulates to $27,904 by year five. Five-year ROI measures 310.97% and total cumulative return in cash reaches $104,118. For financing, Ziffy Mortgage’s DSCR program evaluates $1,748/mo property income against a $494/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1902
5,662 sqft lot
$N/A/sqft
No HOA
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Listed by: Anthony M Massa • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516053
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.