504 S Center St, Fort Branch, IN, 47648 | $197/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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504 S Center St, Fort Branch, IN, 47648 | $197/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

Rental property for sale in Fort Branch at 504 S Center St, Fort Branch, IN, 47648 generates $1,667/mo in rent and, after a $1,199/mo payment, leaves $197/mo in cash flow. Total monthly income is $1,667/mo, and annual cash flow is $2,359/yr on $81,180 invested. Return on cash invested sits at 22.81% in year one, and rental yield is 8.17% on a $244,888 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation builds toward $67,658 over five years. Five-year ROI reaches 118.2% and total cumulative return in cash sums $95,953. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,667/mo property income rather than buyer’s personal income.

Single Family

Built in 1955

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Farmhouse-Inspired Charmer in South Gibson! Youre going to love the charm of this 3 bedroom, 2 bath ranch that is full of character and style! Inviting living room is spacious with warm wood floors, cool ceiling beams, a ceiling fan, and a large picture window that fills the space with natural light. The living room flows into a farmhouse-style kitchen featuring white cabinetry, stainless steel range, dishwasher and refrigerator, plus open shelving that adds charm and function. The large island with a wood top offers seating for four and is perfect for gatherings, meal prep, or morning coffee. The split bedroom layout gives everyone a little space. The primary bedroom has its own bathroom with walk-in shower, a cute furniture-style vanity, and a walk-in closet. The other two bedrooms are on the opposite side of the house, both with wood floors. Theres also a full hall bath with a tub/shower combo, and one of the bedrooms has its own private access to that bathroomperfect for guests or a teenager who wants a little privacy. Off the kitchen, youll find a laundry room and a back entry with a handy drop zone area that leads out to the patio and backyard. Outside, enjoy a concrete patio perfect for relaxing or entertaining, and a fantastic large level yard with full privacy fencegreat for kids, pets, or outdoor fun. A detached 2.5-car garage is accessed from the rear alley and offers plenty of room for parking, storage, or a workshop. This home offers a lot of personality- dont miss this South Gibson gem.

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