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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Fort branch at 402 E Vine St, Fort branch, IN, 47648 priced at $220,000 pairs $1,567/mo rent with $246/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,567/mo, and annual cash flow comes to $2,954/yr on $72,930 invested. Return on cash invested is 23.96% in year one, and rental yield stands at 8.55% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 124.38% and total cumulative return in cash reaches $90,707. For financing, Ziffy Mortgage’s DSCR program evaluates $1,567/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
0.49 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-18 | Price change | $220,000 |
| 2024-12-02 | Price change | $222,000 |
| 2024-10-23 | Price change | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-22 | $1352.54 | 32.52% | $160,600 | 6.43% |
| 2023-07-22 | $1020.62 | 16.84% | $150,900 | 27.13% |
| 2022-07-22 | $873.50 | 13.59% | $118,700 | 9.10% |
Listed by: Andrea Clark • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202423159
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.
