








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 717 S Falcon St, South Bend, IN, 46619 at $139,900 posts ROI 35.54% with $604/mo cash flow from $1,444/mo rent. Total monthly income equals $1,444/mo, and annual cash flow records $7,247/yr on $46,377 to close. Return on cash invested measures 35.54% and rental yield reads 12.39% at the current $139,900. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 by year five. Five-year ROI prints 186.41% and total cumulative return in cash totals $86,451.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,444/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1944
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46619, South Bend, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,203 (100%) |
| Owner Occupied HU | 5,324 (64.9%) |
| Renter Occupied HU | 2,198 (26.8%) |
| Vacant Housing Units | 681 ( 8.3%) |
| Median Home Value | $137,308 |
| Average Home Value | $175,526 |
Residential
7,796
Single Family
7,461
Multi-Family
335
Businesses
526
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $139,900 |
| 2014-05-27 | Listing removed | $42,500 |
| 2014-04-23 | Listed for sale | $42,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $932.14 | -0.65% | $38,400 | -1.79% |
| 2023-06-25 | $938.28 | 8.58% | $39,100 | N/A |
| 2022-06-25 | $864.10 | 0.03% | $39,100 | 8.61% |



Listed by: Virginia Montero-Smith • RE/MAX 100
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524202
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.