104 E Vine St, Fort Branch, IN, 47648 | $644/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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104 E Vine St, Fort Branch, IN, 47648 | $644/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fort Branch at 104 E Vine St, Fort Branch, IN, 47648 priced at $154,900 pairs $1,574/mo rent with $644/mo cash flow after a $758/mo payment. Total monthly income equals $1,574/mo, and annual cash flow comes to $7,732/yr on $51,349 invested. Return on cash invested is 34.97% in year one, and rental yield stands at 12.19% on a $154,900 basis. Equity gained on principal adds $1,000/yr, and 5% annual appreciation accumulates to $42,796 by year five. Five-year ROI measures 183.4% and total cumulative return in cash reaches $94,172. For financing, Ziffy Mortgage’s DSCR program evaluates $1,574/mo property income against a $758/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1907

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

HOT HOT move in ready property in the heart of Fort Branch. Pulling up this big beautiful lot you are welcomed with a special home with a sizeable front porch, perfect for watching the sun come up while having your coffee. Once you enter your next home it's hard to miss the incredible family room that's big enough for your L shaped couch and you can throw a chair in too. Continuing through the house you are met 3 good size rooms along with 1.5 baths. While traveling through this 1190 Sq. Ft dream of a home, Each room has been covered with gorgeous new flooring, which includes brand spanking new carpet in the LARGE bedrooms and Luxury Vinyl planks / tiles. This home also includes an eat in kitchen that is Siamese twinned with large cabinet filled space above a great counter top perfect for cutting carrots. Also, while going through the kitchen you will find a door that leads you to a perfect partial basement that provides a great place to hide from increment weather or just to have a great get away. Dont miss out on this great property!

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