806 S 28th StSouth BendIN46615
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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
Investment property for sale in South Bend at 806 S 28th St, South Bend, IN, 46615 earns $285/mo cash flow from $1,185/mo rent with a $734/mo payment. Total monthly income totals $1,185/mo, and annual cash flow totals $3,417/yr on $49,725 capital. ROI tracks 26.78% on current figures, and rental yield reads 9.48% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 139.45% and total cumulative return in cash sums $69,342. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,185/mo property income instead of your personal income.
Single Family
Built in 1924
5,375 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Emeric Szalay • COLLINS and CO. REALTORS - LAKEVILLE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432939
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.