1144 E 600 S, Fort Branch, IN, 47648 | $370/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1144 E 600 S, Fort Branch, IN, 47648 | $370/mo Cash Flow | Ziffy

For Sale

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 1144 E 600 S, Fort Branch, IN, 47648 generates $1,985/mo in rent and, after a $1,317/mo payment, leaves $370/mo in cash flow. Total monthly income is $1,985/mo, and annual cash flow is $4,438/yr on $89,174 invested. Return on cash invested sits at 24.89% in year one, and rental yield is 8.86% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 129.28% and total cumulative return in cash sums $115,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,985/mo property income rather than buyer’s personal income.

Single Family

Built in 1979

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Back on the market and ready for new buyers! This spacious 3-bedroom, 3-bathroom home blends comfort and versatility on a peaceful half-acre lot. Thoughtfully maintained and packed with features, its a perfect fit for anyone craving both indoor and outdoor space. Inside, the open layout offers room to relax or entertain with ease. The standout feature? A massive 1,200+ sq ft attached garage addition (2021) with three new garage doors, including a drive-through to the backyard an ideal setup for car enthusiasts, hobbyists, or anyone needing serious storage. Outside, youll find even more to love: a 635 sq ft detached garage plus an additional outbuilding, perfect for a workshop, home gym, or extra space to make your own.

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