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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 512, South Bend, IN, 46614 earns $741/mo cash flow from $1,696/mo rent with a $514/mo payment. Total monthly income totals $1,696/mo, and annual cash flow totals $8,887/yr on $34,808 capital. ROI tracks 45.44% on current figures, and rental yield reads 19.38% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 243.61% and total cumulative return in cash sums $84,794. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,696/mo property income instead of your personal income.
Condo
Built in 1968
1 Acres lot
$N/A/sqft
$325 monthly 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 |
|---|---|---|
| 2025-07-08 | Sold | $105,000 |
| 2025-06-10 | Pending sale | $108,000 |
| 2025-06-02 | Listed for sale | $108,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $501.48 | 11.65% | $53,700 | 1.32% |
| 2023-10-08 | $449.16 | -0.57% | $53,000 | N/A |
| 2022-10-08 | $451.72 | -8.93% | $53,000 | 6.64% |
Listed by: Aaron C Cowham • Howard Hanna SB Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520589
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.
