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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in South Bend at 930 Roberts St, South Bend, IN, 46615 offers a 9.48% rental yield on a $114,000 purchase with $901/mo rent. Total monthly income registers $901/mo, and a $558/mo payment leaves $217/mo available for distribution. Annual cash flow reaches $2,600/yr on $37,791 to close, and return on cash invested stands at 26.79% in year one. Equity gained on principal adds $736/yr while 5% annual appreciation supports $31,496 over five years. Portfolio math shows five-year ROI at 139.54% and total cumulative return in cash at $52,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $901/mo property income against a $558/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
4,791 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-10 | Listed for sale | $114,000 |
| 2024-09-05 | Pending sale | $114,000 |
| 2024-08-29 | Price change | $114,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $106.42 | 69.78% | $76,100 | 33.98% |
| 2022-10-15 | $62.68 | N/A | $56,800 | 7.78% |
| 2021-10-15 | N/A | N/A | $52,700 | 16.85% |
Listed by: Patty Baba • Realty Plus, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431661
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.
