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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 821 E Victoria St, South Bend, IN, 46614 uses $34,145 cash to close to unlock $6,304/yr annual cash flow and $525/mo monthly cash flow. Total monthly income runs $1,255/mo, and a $504/mo payment keeps the spread at $525/mo. Purchase price stands at $103,000, and rental yield measures 14.62% with $1,255/mo rent. Return on cash invested shows 38.37% in year one, and 5% annual appreciation builds toward $28,457 over five years. Five-year ROI reaches 203.1% and total cumulative return in cash records $69,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,255/mo property income covering a $504/mo payment rather than investor’s personal income.
Single Family
Built in 1927
5,662 sqft 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 |
|---|---|---|
| 2025-04-09 | Listing removed | $1,275 |
| 2025-03-30 | Listed for rent | $1,275 |
| 2024-12-11 | Sold | $103,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $2193.28 | 21.70% | $104,300 | 13.37% |
| 2023-10-31 | $1802.18 | 4.86% | $92,000 | 21.69% |
| 2022-10-31 | $1718.60 | 20.77% | $75,600 | 4.85% |
Listed by: Allen Grace • Cressy & Everett - South Bend
Mls Name: IRMLS
Mls Provider:
Mls ID: #202432806
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.
