932 Sussex DrSouth 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
Investment property for sale in South Bend at 932 Sussex Dr, South Bend, IN, 46628 at $149,800 posts ROI 31.12% with $464/mo cash flow from $1,363/mo rent. Total monthly income equals $1,363/mo, and annual cash flow records $5,568/yr on $49,659 to close. Return on cash invested measures 31.12% and rental yield reads 10.92% at the current $149,800. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,387 by year five. Five-year ROI prints 162.71% and total cumulative return in cash totals $80,799.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,363/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Carol Wight-Barrett • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514803
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.