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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 2500 Topsfield Rd APT 411, South Bend, IN, 46614 listed at $100,000 pairs $763/mo rent with a $489/mo payment to leave $163/mo cash flow. Total monthly income runs $763/mo, and annual cash flow reaches $1,958/yr on $33,150 cash to close. Return on cash invested measures 25.82% in year one, and rental yield registers 9.16% at a $100,000 basis. Equity gained on principal adds $645/yr, and annual property appreciation at 5% supports $27,628 by year five. Five-year ROI tracks 134.42% and total cumulative return in cash totals $44,560. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $763/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1964
1 Acres 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $100,000 |
| 2010-05-04 | Listing removed | $49,900 |
| 2009-10-15 | Sold | $46,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $816.00 | N/A | $41,500 | 1.72% |
| 2023-05-29 | $816.00 | 6.25% | $40,800 | N/A |
| 2022-05-29 | $768.00 | 145.40% | $40,800 | 6.25% |
Listed by: Barketa Kerns • Century 21 Circle
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519866
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.
