Terre Verde Hills Ct #M3Z5WG,South Bend,IN,46628

Investment Highlights

Investment property for sale in South Bend at Terre Verde Hills Ct #M3Z5WG, South Bend, IN, 46628 offers a 8.43% rental yield on a $412,400 purchase with $2,898/mo rent. Total monthly income registers $2,898/mo, and a $2,018/mo payment leaves $423/mo available for distribution. Annual cash flow reaches $5,075/yr on $136,711 to close, and return on cash invested stands at 23.62% in year one. Equity gained on principal adds $2,661/yr while 5% annual appreciation supports $113,939 over five years. Portfolio math shows five-year ROI at 122.49% and total cumulative return in cash at $167,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,898/mo property income against a $2,018/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.