Durness Woods Dr #OJZ6NNSouth BendIN46628
Nearby investment properties with comparable rents
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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
Rental property for sale in South Bend at Durness Woods Dr #OJZ6NN, South Bend, IN, 46628 offers $3,163/mo rent that, after a $2,313/mo payment, leaves $326/mo cash flow. Total monthly income is $3,163/mo, and annual cash flow is $3,914/yr on $156,667 cash. Return on cash invested measures 22.41% in year one, and rental yield stands at 8.03% at a $472,600 entry. Equity gained on principal adds $3,050/yr while 5% annual appreciation compounds into $130,571 by year five. Five-year ROI records 116.02% and total cumulative return in cash reaches $181,761. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,163/mo property income versus a $2,313/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
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