403 N West St, Fort Branch, IN, 47648 | $602/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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403 N West St, Fort Branch, IN, 47648 | $602/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

Investment property for sale in Fort Branch at 403 N West St, Fort Branch, IN, 47648 with 5% annual appreciation on a $164,900 basis while $1,592/mo rent supports operations. Total monthly income totals $1,592/mo and a $807/mo payment preserves $602/mo for cash returns. Annual cash flow comes to $7,227/yr on $54,664 deployed, and return on cash invested reaches 33.13% in year one. Equity gained on principal adds $1,064/yr, and five-year appreciation sums $45,559 alongside rental yield of 11.59%. Five-year ROI measures 173.56% and total cumulative return in cash totals $94,876.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,592/mo property income versus a $807/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Manufactured

Built in 1983

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

LOCATION, LOCATION, LOCATION! Welcome to this well-maintained, 3-bedroom, 2-bathroom manufactured home located on a spacious 0.30-acre lot in Fort Branch, Indiana. With city water and sewer connections, this home offers modern conveniences and many recent upgrades. An inviting, open layout creates a seamless flow from the living room to the kitchen. The kitchen includes an eat-at bar and all appliances. A generous owner's suite features walk-in closet and a private full bathroom, recently updated with walk in shower. The large 0.30-acre lot provides plenty of room for outdoor activities and entertaining. The property also features a standalone two-car garage. Featuring a reliable electrical hookup, this versatile structure is ready to meet your needs, whether for vehicle storage, a workshop, or extra space for hobbies. This home is an excellent opportunity for those seeking comfortable and convenient living in Fort Branch.

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