302 E Vine St, Fort Branch, IN, 47648 | $567/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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302 E Vine St, Fort Branch, IN, 47648 | $567/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

Investment property for sale in Fort Branch at 302 E Vine St, Fort Branch, IN, 47648 earns $567/mo cash flow from $1,741/mo rent with a $957/mo payment. Total monthly income totals $1,741/mo, and annual cash flow totals $6,808/yr on $64,808 capital. ROI tracks 30.41% on current figures, and rental yield reads 10.69% at a $195,500 purchase. Equity gained on principal adds $1,262/yr, and 5% annual appreciation supports $54,013 over five years. Five-year ROI reaches 158.98% and total cumulative return in cash sums $103,031. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,741/mo property income instead of your personal income.

Single Family

Built in 1950

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Location, Location, Location! Welcome to this Beautifully maintained Brick Ranch home- offering 3 bedrooms, 1.5 bath with a dry basement in the heart of Fort Branch. The main level features 3 sizable bedrooms, a nice bathroom, a Spacious Living Room full of natural light from the large Picture window, a separate dining room with built-in corner cabinets. This home has lots of charm with it arched doorways and built-ins. You will love the partly finished basement that could be used as a family room, bonus room, or even a 4th bedroom with 1/2 bath. There is a laundry area, large storage area used as a closet for now. An area for storage used as a gym. This home offers an Attached garage. This perfect home is walking distance to Restaurants, Community Park, Post Office, Ice Cream shop, Churches, and more. This will not last long!!!

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