








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 501 E Ulen St, Fort branch, IN, 47648 with 5% annual appreciation on a $207,500 basis while $1,392/mo rent supports operations. Total monthly income totals $1,392/mo and a $1,016/mo payment preserves $146/mo for cash returns. Annual cash flow comes to $1,752/yr on $68,786 deployed, and return on cash invested reaches 22.46% in year one. Equity gained on principal adds $1,339/yr, and five-year appreciation sums $57,328 alongside rental yield of 8.05%. Five-year ROI measures 116.32% and total cumulative return in cash totals $80,015.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,392/mo property income versus a $1,016/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.25 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 |
|---|---|---|
| 2025-05-28 | Listed for sale | $207,500 |
| 2019-06-21 | Sold | $161,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $193.52 | 0.93% | $9,000 | N/A |
| 2023-05-29 | $191.74 | -6.18% | $9,000 | N/A |
| 2022-05-29 | $204.36 | 1.12% | $9,000 | N/A |



Listed by: Ray Stallings • DHI Realty Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202519759
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.