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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 50755 Portage Rd, South Bend, IN, 46628 listed at $100,000 pairs $780/mo rent with a $489/mo payment. Total monthly income runs $780/mo. Return on cash invested measures 15.34% in year one, and rental yield registers 9.36% 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 82.15% and total cumulative return in cash totals $27,232. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $780/mo property income relative to a $489/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
8.28 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2022-09-07 | Listing removed | N/A |
| 2022-08-30 | Listed for rent | $1,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-03 | $4505.20 | -0.41% | $189,500 | -5.44% |
| 2023-05-03 | $4523.68 | 13.32% | $200,400 | 0.15% |
| 2022-05-03 | $3992.08 | -0.04% | $200,100 | 22.84% |
Listed by: Brian Wuthrich • Hahn Auctioneers INC
Mls Name: My State MLS
Mls ID: #11487911
