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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 230 E Victoria St, South Bend, IN, 46614 earns $49/mo cash flow from $912/mo rent with a $582/mo payment. Total monthly income totals $912/mo, and annual cash flow totals $590/yr on $39,449 capital. ROI tracks 21.4% on current figures, and rental yield reads 9.2% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 112.38% and total cumulative return in cash sums $44,333. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $912/mo property income instead of your personal income.
Single Family
Built in 1923
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46614, South Bend, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,675 (100%) |
| Owner Occupied HU | 9,722 (71.1%) |
| Renter Occupied HU | 3,210 (23.5%) |
| Vacant Housing Units | 743 ( 5.4%) |
| Median Home Value | $219,724 |
| Average Home Value | $250,540 |
Residential
13,174
Single Family
11,556
Multi-Family
1,618
Businesses
438
Date | Event | Price |
|---|---|---|
| 2025-04-26 | Listed for sale | $119,000 |
| 2025-04-01 | Listing removed | $1,175 |
| 2025-03-22 | Price change | $1,175 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $2774.98 | 21.22% | $133,600 | 14.78% |
| 2023-04-29 | $2289.30 | 5.39% | $116,400 | 22.01% |
| 2022-04-29 | $2172.28 | 20.70% | $95,400 | 5.41% |
Listed by: Adam DeShone • Realty Plus, Inc.
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514729
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.
