Mishawaka and Penn Township, South Bend Airbnb revenue and occupancy data
What Airbnb listings in Mishawaka and Penn Township earn, how often they're booked, and how that compares with the rest of South Bend, IN.
Over the past 12 months, regularly available listings in Mishawaka and Penn Township earned $39,103 on average, were booked for 54% of the nights they were open, and averaged $417 a night. The median gross yield, before expenses, is 17.6%.
Yearly revenue
$39,103
Occupancy
54%
Nightly rate
$417
Gross yield
17.6%
before expenses
Median of 40 listings
Active listings
53
My take on Mishawaka and Penn Township
Mishawaka and Penn Township has occupancy of 54%, slightly above the South Bend, IN figure of 52%. Average trailing-year booking revenue is lower, at $39,103 versus $44,733. Occupancy measures the share of available nights booked, so it should be read alongside nightly rates rather than as a revenue estimate.
The area's median potential gross yield is higher than the market figure, at 17.6% before expenses, financing and taxes. That is a separate measure of annual revenue potential relative to home values, not a realized return.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Mishawaka and Penn Township?
Regularly available Airbnb listings in Mishawaka and Penn Township earned an average of $39,103 over the past 12 months. That is 13% less than the South Bend, IN average of $44,733. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Mishawaka and Penn Township?
Listings in Mishawaka and Penn Township were booked for an average of 54% of the nights they were open for booking over the past 12 months. That is 2 points higher than the South Bend, IN average of 52%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Mishawaka and Penn Township?
The average nightly rate in Mishawaka and Penn Township was $417 over the past 12 months, including cleaning fees. That is 17% lower than the South Bend, IN average of $502.
Is an Airbnb in Mishawaka and Penn Township profitable?
For homes with a matched home value, the median room-revenue potential in Mishawaka and Penn Township is $45,723 a year and the median gross yield is 17.6%. Gross yield is 3.3 points higher than the South Bend, IN median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityHow much do Airbnb hosts make in Mishawaka and Penn Township by bedroom count?
Two-bedroom homes have the highest gross yield in Mishawaka and Penn Township, at 34.2%. The table shows average yearly revenue and median gross yield for each home size, with the South Bend, IN figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 1 bedroom 11 listings | $21,593 South Bend, IN: $25,134 | 16.9% South Bend, IN: 15.0% |
| 2 bedrooms 16 listings | $42,369 South Bend, IN: $29,001 | 34.2% South Bend, IN: 14.6% |
| 3 bedrooms 9 listings | $22,928 South Bend, IN: $38,055 | 14.8% South Bend, IN: 13.9% |
| 4+ bedrooms 14 listings | $61,701 South Bend, IN: $68,324 | 16.7% South Bend, IN: 14.1% |
How does Mishawaka and Penn Township compare with nearby areas?
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Mishawaka and Penn Township This area 53 listings | $39,103 | 54% | $417 | 17.6% |
| South Bend, IN market 1,423 listings | $44,733 | 52% | $502 | 14.3% |
| Northeast and East South Bend 92 listings | $47,461 | 47% | $549 | 14.6% |
| Sunnymede and River Park 46 listings | $43,977 | 51% | $427 | 16.3% |
| East Bank and Howard Park 46 listings | $36,016 | 47% | $391 | 13.6% |
| Elkhart and Western Elkhart County 41 listings | $31,173 | 53% | $303 | 19.6% |
Where is Mishawaka and Penn Township?
The South Bend, IN market includes 24 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.
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About these figures
How is yearly revenue measured?
It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
How is occupancy measured?
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
How is the nightly rate measured?
It is the average price per booked night over the past 12 months, including cleaning fees.
What is room-revenue potential?
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
What is gross yield?
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Which listings are included?
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (53 in Mishawaka and Penn Township). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
How current is this data?
Figures are current as of November 3, 2026 and refresh monthly.
Why are these figures different from the South Bend, IN market page?
The market page summarizes all of South Bend, IN from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
What can't these figures tell me?
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
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Go deeper on Mishawaka and Penn Township
With BNBCalc Markets, compare Mishawaka and Penn Township by bedroom count and performance level, see home prices, and browse its listings on the map.