754 S Ironwood Dr, South Bend, IN, 46615 | $238/mo Cash Flow

For Sale

Fix & Flip

Listed for sale 1 day ago

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 754 S Ironwood Dr, South Bend, IN, 46615 earns $238/mo cash flow from $1,108/mo rent with a $709/mo payment. Total monthly income totals $1,108/mo, and annual cash flow totals $2,861/yr on $48,034 capital. ROI tracks 25.86% on current figures, and rental yield reads 9.18% at a $144,900 purchase. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 over five years. Five-year ROI reaches 134.58% and total cumulative return in cash sums $64,645. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,108/mo property income instead of your personal income.

Single Family

Built in 1960

5,227 sqft lot

$N/A/sqft

No HOA