729 S Edison Ave, South Bend, IN, 46619 | $197/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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729 S Edison Ave, South Bend, IN, 46619 | $197/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

Investment property for sale in South Bend at 729 S Edison Ave, South Bend, IN, 46619 uses $33,150 cash to close to unlock $2,366/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $797/mo, and a $489/mo payment keeps the spread at $197/mo. Purchase price stands at $100,000, and rental yield measures 9.56% with $797/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 141.04% and total cumulative return in cash records $46,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $797/mo property income covering a $489/mo payment rather than investor’s personal income.

Single Family

Built in 1947

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Solid brick ranch with great potential located on South Bends west side. This home features 2 bedrooms, 1 full bath, hardwood floors throughout, and a bright living area with large windows that let in plenty of natural light. The eat-in kitchen offers ample cabinet space and a functional layout. The partially finished basement includes a dry bar. Exterior highlights include a fully fenced backyard, a detached two-car garage with an attached carport. The property also offers central A/C and a low-maintenance brick exterior. Conveniently located near schools, shopping, restaurants, parks, and just minutes from downtown South Bend and Notre Dame.

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