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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in South Bend, IN

Listed for sale 1 day ago
$ 155,000
ROI
32.2
Cash Flow/m
536- 2 Bed
- 1 Bath
- 696 sft
321 Barbie St, South Bend, IN, 46614

Listed for sale 1 day ago
$ 129,000
ROI
26.0
Cash Flow/m
225- 2 Bed
- 1 Bath
- 780 sft
1329 Fremont St, South Bend, IN, 46628

Fix & Flip
Rental Income
Listed for sale 1 day ago
$ 125,000
ROI
25.8
Cash Flow/m
210- 3 Bed
- 2 Bath
- 1427 sft
2512 Mishawaka Ave, South Bend, IN, 46615

Listed for sale 1 day ago
$ 193,000
ROI
25.6
Cash Flow/m
316- 3 Bed
- 1 Bath
- 1250 sft
4933 Bloomfield Pl, South Bend, IN, 46619
Why Invest in South Bend, Indiana?
South Bend, IN offers strong investment potential in homes under $200k amid a booming Midwest housing market. Affordable entry points combine with steady appreciation and rental demand near University of Notre Dame. Tight inventory drives quick sales while low cost of living attracts workers and investors. Recent data shows median home values around $177k with 7% yearly growth. Cap rates remain attractive at 8-10% for budget properties.
12%
Avg. ROI
9.5%
Rental Yield
9.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
7%
1Y Appreciation
Frequently Asked Questions
Yes, many homes list below $200k with median values around $177k. These offer strong cash flow potential in a seller's market. Quick sales average 35-45 days.
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