Under $500K Investment Properties for Sale in South Bend, IN


291- 2 Bed
- 1 Bath
- 864 sft


736- 4 Bed
- 1 Bath
- 1234 sft


859- 3 Bed
- 2 Bath
- 1701 sft


478- 2 Bed
- 1 Bath
- 952 sft
Why Invest in South Bend, Indiana?
South Bend, IN offers strong investment opportunities in properties under $500k, with median home prices around $176k-$183k providing excellent entry points.[1][4] Recent appreciation of 4-7% annually combined with average rents of $1,290 create solid rental yields for investors.[1] The market's affordability and proximity to University of Notre Dame drive consistent rental demand from students and professionals. Cap rates remain attractive in this stable Midwest market with growing inventory and balanced buyer-seller dynamics.[3] Low days on market (20-35 days) indicate strong liquidity for under-$500k investment properties.[1][2]
Frequently Asked Questions
Median home prices of $176k-$183k combined with 5.5% rental growth create strong cash flow potential.[1] Proximity to Notre Dame ensures consistent tenant demand. Quick sales (20-35 days) provide excellent liquidity.
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