








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fort Branch at 205 W Locust St, Fort Branch, IN, 47648 uses $59,633 cash to close to unlock $2,372/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,417/mo, and a $880/mo payment keeps the spread at $198/mo. Purchase price stands at $179,888, and rental yield measures 9.45% with $1,417/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $49,700 over five years. Five-year ROI reaches 124.97% and total cumulative return in cash records $74,526. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,417/mo property income covering a $880/mo payment rather than investor’s personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
$140 monthly HOA
Neighborhood data shown for ZIP Code: 47648, Fort Branch, IN area.
| 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 |
Residential
1,987
Single Family
1,941
Multi-Family
46
Businesses
106
Date | Event | Price |
|---|---|---|
| 2025-07-09 | Price change | $179,888 |
| 2025-05-31 | Price change | $189,888 |
| 2025-04-28 | Listed for sale | $197,888 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-22 | $1421.78 | N/A | $162,000 | 2.40% |
| 2023-07-22 | N/A | N/A | $158,200 | 870.55% |
| 2022-07-22 | N/A | N/A | $16,300 | N/A |



Listed by: John P Czoer • FIRST CLASS REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514936
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.