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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 75+ datapoints.

South Bend, IN Long-Term Rental Investment Snapshot

Based on 75+ long-term rental datapoints

Median Cap Rate

5.3%

Avg Cash on Cash

-5.6%

Median Cashflow

-$290/mo

Avg Rent Estimate

$1,910/mo

Avg Price

$268,886

Price Range

$65,900 - $465,000

Rent to Price

0.71%

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 75+ analyzed datapoints. A median 5.3% cap rate combined with -5.6% 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 75+ analyzed properties, the median monthly cashflow in South Bend, IN is -$290 with average rents of $1,910/month. Properties range from $65,900 to $465,000, offering entry points across multiple investment budgets.

1450 Oakdale Dr, South Bend, IN 46614

Price

$219,900

Rent

$1,643

CachFlow

-$227

CoC

-5.9

Full Analysis

837 Patterson Dr, South Bend, IN 46615

Price

$219,000

Rent

$1,532

CachFlow

-$362

CoC

-9.45

Full Analysis

51937 Meadow Crest Dr, South Bend, IN 46628

Price

$210,000

Rent

$1,527

CachFlow

-$128

CoC

-3.48

Full Analysis

53316 Nadine St, South Bend, IN 46637

Price

$319,000

Rent

$2,520

CachFlow

-$35

CoC

-0.63

Full Analysis

52722 Common Eider Trl, South Bend, IN 46628

Price

$299,900

Rent

$2,252

CachFlow

-$285

CoC

-5.43

Full Analysis
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South Bend, IN Rental Market Insights

  • Median cashflow is -$290/month — careful deal selection is essential here
  • 5.3% 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 $65,900 to $465,000

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