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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% |
Investment property for sale in Fort Branch at 403 E Poplar St, Fort Branch, IN, 47648 at $149,850 posts ROI 26.27% with $263/mo cash flow from $1,201/mo rent. Total monthly income equals $1,201/mo, and annual cash flow records $3,161/yr on $49,675 to close. Return on cash invested measures 26.27% and rental yield reads 9.62% at the current $149,850. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,401 by year five. Five-year ROI prints 137.13% and total cumulative return in cash totals $68,119.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,201/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
0.43 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 |
|---|---|---|
| 2024-02-02 | Sold | $172,699 |
| 2016-09-30 | Sold | $125,000 |
| 2016-06-27 | Listing removed | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | $1705.62 | -18.43% | $187,100 | 3.83% |
| 2023-05-15 | $2091.00 | 12.36% | $180,200 | -13.82% |
| 2022-05-15 | $1861.00 | 7.08% | $209,100 | 12.36% |
Listed by: Jonathan R Baker • BAKER AUCTION & REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517569
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.
