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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 1133 Milton St, South Bend, IN, 46613 at $118,000 posts ROI 25.14% with $170/mo cash flow from $928/mo rent. Total monthly income equals $928/mo, and annual cash flow records $2,045/yr on $39,117 to close. Return on cash invested measures 25.14% and rental yield reads 9.44% at the current $118,000. Equity gained on principal adds $761/yr, and 5% annual appreciation supports $32,601 by year five. Five-year ROI prints 131.25% and total cumulative return in cash totals $51,339.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $928/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1923
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46613, South Bend, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,533 (100%) |
| Owner Occupied HU | 1,996 (44.0%) |
| Renter Occupied HU | 1,893 (41.8%) |
| Vacant Housing Units | 644 (14.2%) |
| Median Home Value | $79,667 |
| Average Home Value | $120,797 |
Residential
4,165
Single Family
4,021
Multi-Family
144
Businesses
257
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Price change | $118,000 |
| 2024-08-03 | Price change | $128,000 |
| 2024-06-28 | Listed for sale | $134,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1564.60 | 18.08% | $75,500 | 15.80% |
| 2022-10-16 | $1324.98 | 0.03% | $65,200 | 18.12% |
| 2021-10-16 | $1324.64 | 9.47% | $55,200 | N/A |
Listed by: Maria D Soria Mireles • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202423781
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.
