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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 59480 Linden Rd, South Bend, IN, 46614 earns $54/mo cash flow from $1,514/mo rent with a $1,101/mo payment. Total monthly income totals $1,514/mo, and annual cash flow totals $647/yr on $74,554 capital. ROI tracks 20.78% on current figures, and rental yield reads 8.08% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 107.89% and total cumulative return in cash sums $80,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,514/mo property income instead of your personal income.
Single Family
Built in 1961
1.04 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 |
|---|---|---|
| 2024-10-23 | Price change | $224,900 |
| 2024-10-04 | Price change | $229,900 |
| 2024-09-25 | Listed for sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-20 | $3184.68 | 13.40% | $249,700 | N/A |
| 2022-11-20 | $2808.36 | 15.22% | $249,700 | 23.31% |
| 2021-11-20 | $2437.36 | 6.34% | $202,500 | 4.44% |
Listed by: Adam Pendl • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437142
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.
