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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 15+ datapoints.

South Bend, IN Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

5.8%

Avg Cash on Cash

-3.4%

Median Cashflow

-$69/mo

Avg Rent Estimate

$1,540/mo

Avg Price

$231,858

Price Range

$87,500 - $372,200

Rent to Price

0.66%

low ratio

Positive Cashflow

32%

of analyzed properties

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

South Bend, IN is an emerging long-term rental market gaining investor attention. With 15+ properties analyzed, early data shows the market is developing. The median cap rate of 5.8% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 15+ analyzed properties, the median monthly cashflow in South Bend, IN is -$69 with average rents of $1,540/month. Properties range from $87,500 to $372,200, offering entry points across multiple investment budgets.

21064 Morning Dove Trl, South Bend, IN 46614

Price

$328,000

Rent

$1,905

CachFlow

-$497

CoC

-8.66

Full Analysis

1123 Bissell St, South Bend, IN 46617

Price

$359,900

Rent

$2,070

CachFlow

-$591

CoC

-9.38

Full Analysis

4837 Selkirk Dr, South Bend, IN 46614

Price

$243,400

Rent

$1,430

CachFlow

-$529

CoC

-12.42

Full Analysis

26666 Edison Rd, South Bend, IN 46628

Price

$127,400

Rent

$1,210

CachFlow

$162

CoC

7.27

Full Analysis

19530 Paxson Dr N, South Bend, IN 46637

Price

$255,200

Rent

$1,750

CachFlow

-$154

CoC

-3.45

Full Analysis
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South Bend, IN Rental Market Insights

  • Median cashflow is -$69/month — careful deal selection is essential here
  • 5.8% median cap rate reflects a balanced risk-return profile
  • At 32% positive cashflow rate, South Bend, IN requires selective property picks
  • Moderately priced market with properties from $87,500 to $372,200
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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