1012 S Center St, Fort Branch, IN, 47648 | $132/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1012 S Center St, Fort Branch, IN, 47648 | $132/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
704 sft

1707 Russell Ave, Evansville, IN, 47720

2 Bed
2 Bath
980 sft

116 Althaus Ave, Evansville, IN, 47712

2 Bed
1 Bath
720 sft

1125 W Heerdink Ave, Evansville, IN, 47710

Currently Rented+ 3 more

5 Bed
3 Bath
2060 sft

1912-1914 W Indiana St, Evansville, IN, 47712

Nearby investment properties with comparable prices

2 Bed
2 Bath
1844 sft

1111 Harmony Way, Evansville, IN, 47720

1 Bed
1 Bath
704 sft

10901 Schaeffer Rd, Evansville, IN, 47720

4 Bed
2 Bath
2992 sft

507 Sorenson Ave, Evansville, IN, 47712

Investment Property+ 1 more

3 Bed
2 Bath
2589 sft

1004 Church St, New Harmony, IN, 47631

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

Explore more listings using simple english

Investment Highlights

Rental property for sale in Fort Branch at 1012 S Center St, Fort Branch, IN, 47648 generates $1,212/mo in rent and, after a $881/mo payment, leaves $132/mo in cash flow. Total monthly income is $1,212/mo, and annual cash flow is $1,578/yr on $59,670 invested. Return on cash invested sits at 22.55% in year one, and rental yield is 8.08% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 116.81% and total cumulative return in cash sums $69,701. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,212/mo property income rather than buyer’s personal income.

Single Family

Built in 1945

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

?? Charming 2-Bedroom Home for Sale Perfect Starter Home in Fort Branch, IN! Dont miss this cozy and move-in-ready 2-bedroom, 1-bath home located in a quiet neighborhood of Fort Branch! This home offers the perfect blend of comfort, convenience, and functionality ideal for first-time buyers, small families, or anyone looking to downsize. ? Property Highlights: 2 spacious bedrooms with great natural light 1 full bathroom featuring a double vanity sink and tub/shower combo Dedicated laundry room for added convenience Ample storage space throughout the home Covered porch perfect for relaxing mornings or evening sunsets Fenced-in yard, great for kids or pets Detached 2.5-car garage, ideal for vehicles, hobbies, or extra storage This home has been well-maintained and offers all the essentials of comfortable small-town living. Whether youre looking for your first home or an investment property, this one checks all the boxes. ?? Located off Coal Mine Road in Fort Branch, IN close to local schools, parks, and all the conveniences of town life.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47648, Fort Branch, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,975 (100%)
Owner Occupied HU	1,350 (68.4%)
Renter Occupied HU	444 (22.5%)
Vacant Housing Units	181 ( 9.2%)
Median Home Value	$212,264
Average Home Value	$245,778