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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 40+ datapoints.

South Bend, IN Long-Term Rental Investment Snapshot

Based on 40+ long-term rental datapoints

Median Cap Rate

5.5%

Avg Cash on Cash

-4.8%

Median Cashflow

-$177/mo

Avg Rent Estimate

$1,768/mo

Avg Price

$260,368

Price Range

$87,500 - $489,900

Rent to Price

0.68%

low ratio

Positive Cashflow

28%

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 40+ analyzed datapoints. A median 5.5% cap rate combined with -4.8% 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 40+ analyzed properties, the median monthly cashflow in South Bend, IN is -$177 with average rents of $1,768/month. Properties range from $87,500 to $489,900, offering entry points across multiple investment budgets.

23129 Rumford Dr, South Bend, IN 46628

Price

$379,000

Rent

$2,361

CachFlow

-$604

CoC

-9.11

Full Analysis

1212 Echo Dr, South Bend, IN 46614

Price

$385,000

Rent

$2,189

CachFlow

-$882

CoC

-13.09

Full Analysis

1311 Berkshire Dr, South Bend, IN 46614

Price

$258,400

Rent

$2,000

CachFlow

-$379

CoC

-8.38

Full Analysis

51028 Prescott Ave, South Bend, IN 46637

Price

$212,500

Rent

$2,304

CachFlow

$332

CoC

8.93

Full Analysis

126 S Ironwood Dr, South Bend, IN 46615

Price

$211,000

Rent

$1,460

CachFlow

-$168

CoC

-4.55

Full Analysis
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South Bend, IN Rental Market Insights

  • Median cashflow is -$177/month — careful deal selection is essential here
  • 5.5% median cap rate reflects a balanced risk-return profile
  • At 28% 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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