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REI Lense

South Bend, IN Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in South Bend, IN. Based on 30+ datapoints.

South Bend, IN Long-Term Rental Investment Snapshot

Based on 30+ long-term rental datapoints

Median Cap Rate

5.6%

Avg Cash on Cash

-3.9%

Median Cashflow

-$112/mo

Avg Rent Estimate

$1,649/mo

Avg Price

$252,545

Price Range

$87,500 - $489,900

Rent to Price

0.65%

low ratio

Positive Cashflow

31%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in South Bend, IN

South Bend, IN presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 5.6% cap rate combined with -3.9% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.

Based on 30+ analyzed properties, the median monthly cashflow in South Bend, IN is -$112 with average rents of $1,649/month. Properties range from $87,500 to $489,900, offering entry points across multiple investment budgets.

52335 Scott St, South Bend, IN 46637

Price

$323,100

Rent

$2,650

CachFlow

$17

CoC

0.3

Full Analysis

803 Northwood Dr, South Bend, IN 46617

Price

$446,200

Rent

$3,066

CachFlow

-$1,104

CoC

-14.14

Full Analysis

26392 Harrison Rd, South Bend, IN 46619

Price

$320,000

Rent

$1,590

CachFlow

-$672

CoC

-12

Full Analysis

1416 Stone Trl, South Bend, IN 46614

Price

$359,900

Rent

$2,172

CachFlow

-$642

CoC

-10.19

Full Analysis

3117 Sunnymede Ave, South Bend, IN 46615

Price

$230,000

Rent

$1,943

CachFlow

-$10

CoC

-0.25

Full Analysis
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South Bend, IN Rental Market Insights

  • Median cashflow is -$112/month — careful deal selection is essential here
  • 5.6% median cap rate reflects a balanced risk-return profile
  • At 31% positive cashflow rate, South Bend, IN requires selective property picks
  • Moderately priced market with properties from $87,500 to $489,900

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