South Bend-Mishawaka, IN-MI Metro Area - Investment Guide
Metro Area • 16 Cities • 26 ZIP Codes
Avg Home Value
$254,749
Avg Monthly Rent
$1,143
Avg Cap Rate
3.85%
Avg Investability
3.2 ★
Cities
16
ZIP Codes
26
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🏦 30-yr Fixed Rate:
7.28%
as of Oct 1
Source: Freddie Mac PMMS
Best ZIP codes in South Bend-Mishawaka, IN-MI
Every ZIP in the metro, ranked four ways. Free.
Cities in South Bend-Mishawaka, IN-MI
Cassopolis
Michigan
1 ZIPs
Decatur
Michigan
1 ZIPs
Dowagiac
Michigan
1 ZIPs
Edwardsburg
Michigan
1 ZIPs
Granger
Indiana
1 ZIPs
Jones
Michigan
1 ZIPs
Lakeville
Indiana
1 ZIPs
Marcellus
Michigan
1 ZIPs
Mishawaka
Indiana
2 ZIPs
New Carlisle
Indiana
1 ZIPs
North Liberty
Indiana
1 ZIPs
Osceola
Indiana
1 ZIPs
South Bend
Indiana
11 ZIPs
Union
Michigan
1 ZIPs
Vandalia
Michigan
1 ZIPs
Walkerton
Indiana
1 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 46613 | South Bend | IN | $113,983 | $1,208 | 8.26% | |
| 46613 | South Bend | IN | $100,618 | $1,186 | 9.20% | |
| 46613 | South Bend | IN | $111,287 | $1,244 | 8.72% | |
| 46613 | South Bend | IN | $113,402 | $1,193 | 8.21% | |
| 46613 | South Bend | IN | $103,658 | $1,262 | 9.50% | |
| 46613 | South Bend | IN | $113,930 | $1,212 | 8.29% | |
| 46613 | South Bend | IN | $100,618 | $1,186 | 9.20% | |
| 46616 | South Bend | IN | $135,814 | $1,148 | 6.59% | |
| 46617 | South Bend | IN | $305,627 | $1,753 | 4.47% | |
| 46619 | South Bend | IN | $127,411 | $1,256 | 7.69% | |
| 46619 | South Bend | IN | $139,725 | $1,289 | 7.19% | |
| 46615 | South Bend | IN | $170,804 | $1,428 | 6.52% | |
| 46616 | South Bend | IN | $135,814 | $1,148 | 6.59% | |
| 46601 | South Bend | IN | $148,727 | $1,350 | 7.08% | |
| 46617 | South Bend | IN | $305,627 | $1,753 | 4.47% | |
| 46619 | South Bend | IN | $127,411 | $1,256 | 7.69% | |
| 46616 | South Bend | IN | $146,814 | $1,142 | 6.07% | |
| 46619 | South Bend | IN | $137,224 | $1,289 | 7.33% | |
| 46616 | South Bend | IN | $154,667 | $1,283 | 6.47% | |
| 46637 | South Bend | IN | $253,411 | $1,954 | 6.01% | |
| 46619 | South Bend | IN | $142,085 | $1,221 | 6.70% | |
| 46615 | South Bend | IN | $171,325 | $1,326 | 6.04% | |
| 46616 | South Bend | IN | $138,850 | $1,259 | 7.08% | |
| 46619 | South Bend | IN | $130,477 | $1,256 | 7.51% | |
| 46616 | South Bend | IN | $154,536 | $1,225 | 6.18% | |
| 46619 | South Bend | IN | $142,420 | $1,289 | 7.06% | |
| 46615 | South Bend | IN | $170,804 | $1,428 | 6.52% | |
| 49130 | Union | MI | $386,000 | $873 | 1.76% | |
| 46545 | Mishawaka | IN | $203,425 | $1,252 | 4.80% | |
| 46635 | South Bend | IN | $272,682 | $1,080 | 3.09% | |
| 46574 | Walkerton | IN | $234,121 | $936 | 3.12% | |
| 49061 | Jones | MI | $231,078 | $918 | 3.10% | |
| 46601 | South Bend | IN | $157,696 | $1,119 | 5.53% | |
| 49067 | Marcellus | MI | $237,266 | $963 | 3.17% | |
| 46552 | New Carlisle | IN | $267,662 | $1,044 | 3.04% | |
| 46637 | South Bend | IN | $261,636 | $1,925 | 5.74% | |
| 46554 | North Liberty | IN | $254,180 | $954 | 2.93% | |
| 49031 | Cassopolis | MI | $285,439 | $873 | 2.39% | |
| 49095 | Vandalia | MI | $327,818 | $1,062 | 2.53% | |
| 46530 | Granger | IN | $415,307 | $1,906 | 3.58% | |
| 46536 | Lakeville | IN | $287,966 | $1,026 | 2.78% | |
| 46628 | South Bend | IN | $162,272 | $1,205 | 5.79% | |
| 46561 | Osceola | IN | $276,999 | $1,251 | 3.52% | |
| 49045 | Decatur | MI | $222,567 | $873 | 3.06% | |
| 46614 | South Bend | IN | $244,942 | $1,149 | 3.66% | |
| 49112 | Edwardsburg | MI | $291,753 | $1,008 | 2.69% | |
| 46615 | South Bend | IN | $182,614 | $1,390 | 5.94% | |
| 49130 | Union | MI | $356,973 | $873 | 1.91% | |
| 46544 | Mishawaka | IN | $206,622 | $1,304 | 4.92% | |
| 46635 | South Bend | IN | $251,058 | $1,080 | 3.36% |
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About South Bend-Mishawaka, IN-MI Real Estate Market
The South Bend-Mishawaka, IN-MI metropolitan statistical area (MSA) encompasses 16 cities and 26 ZIP codes. The average home value across the metro is $254,749, with an average monthly rent of $1,143. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.