511 N Polk St, Fort Branch, IN, 47648 | $197/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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511 N Polk 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

Investment property for sale in Fort Branch at 511 N Polk St, Fort Branch, IN, 47648 with 5% annual appreciation on a $105,000 basis while $827/mo rent supports operations. Total monthly income totals $827/mo and a $514/mo payment preserves $197/mo for cash returns. Annual cash flow comes to $2,359/yr on $34,808 deployed, and return on cash invested reaches 26.69% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 9.45%. Five-year ROI measures 139.01% and total cumulative return in cash totals $48,386.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $827/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Manufactured

Built in 1984

0.41 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this inviting 2-bedroom, 1-bathroom home, perfect for first-time buyers, downsizers, or anyone looking for comfortable single-level living. Enjoy cooking and entertaining in the well-appointed kitchen, complete with modern appliances and plenty of cabinet storage. Both bedrooms offer comfortable retreats with good closet space and easy access to the updated full bathroom. Step outside to your private oasis a large, fully fenced backyard perfect for pets, gardening, play, or hosting summer BBQs. Theres even room to add a shed, workshop, or your dream garden. Located in a quiet, friendly neighborhood with convenient access to schools, parks, shopping, and commuter routes, this home blends comfort, privacy, and practicality. Don't miss your chance to make it yours!

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