$79,900 · SOUTH BEND, IN 46613
Works for flippers · Low return for landlords

Available

$79,900Asking price

2 bd · 1.5 ba · 991 sq ft · built 1926

SOUTH BEND, IN 46613

No contract on file

via InvestorLift Classic

8 views · listed 2 hours ago

Works for flippers

Low return for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $170,000
Asking price: −$79,900
RepairsMiddle of the seller’s $20,000 – $30,000. Ours: $13,500 – $27,500: −$25,000
Loan, holding, closing20% down, 12% interest, 2 points, 70 days: −$10,246
Profit32.3% of ARV · flippers want 10%+: $54,854
Works

Works for a flipper up to $115,000.

HOOSIER BUYERS

Lily Ibrahim

No reviews yet

Comps

Sales

Rents

ARV $170,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $132,000.

The sales behind this value are shown to members.

ARV $170,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

HOOSIER BUYERS

Lily Ibrahim

No reviews yet

Seller Description

For more details, Call/Text Lily: (317) 644-2554

2 Bed, 1 Bath, 991 SF home built in 1926 on a 5,680 SF lot, featuring a detached 1-car garage and a full basement with additional finished living space. Tenant-occupied on a month-to-month lease at $1,000/month, with estimated market rent of $1,292/month. The property has a foundation in good condition, a roof approximately 15 years old, functional electrical and plumbing, vinyl windows, and working central A/C and furnace. The basement is clean and dry, offering additional usable space. A straightforward cosmetic value-add opportunity with kitchen, bathroom, flooring, and interior paint updates. Existing rental income, additional basement space, and major systems in good condition make this a solid option for investors seeking continued cash flow or future resale potential.