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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 409 E Strain St, Fort Branch, IN, 47648 at $315,000 posts ROI 18.8% with from $1,824/mo rent. Total monthly income equals $1,824/mo. Return on cash invested measures 18.8% and rental yield reads 6.95% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 96.79% and total cumulative return in cash totals $101,069. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,824/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.45 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 |
|---|---|---|
| 2025-08-15 | Sold | $315,000 |
| 2025-07-10 | Pending sale | $314,900 |
| 2025-06-22 | Price change | $314,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $2968.84 | -4.06% | $338,000 | 19.99% |
| 2023-10-17 | $3094.48 | 29.91% | $281,700 | -6.07% |
| 2022-10-17 | $2382.00 | 37.94% | $299,900 | 25.90% |
Listed by: Jay M Foster • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521608
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.
