703 S Center St, Fort Branch, IN, 47648 | $63/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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703 S Center St, Fort Branch, IN, 47648 | $63/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 703 S Center St, Fort Branch, IN, 47648 priced at $128,500 pairs $834/mo rent with $63/mo cash flow after a $629/mo payment. Total monthly income equals $834/mo, and annual cash flow comes to $751/yr on $42,598 invested. Return on cash invested is 21.67% in year one, and rental yield stands at 7.79% on a $128,500 basis. Equity gained on principal adds $829/yr, and 5% annual appreciation accumulates to $35,502 by year five. Five-year ROI measures 112.09% and total cumulative return in cash reaches $47,748. For financing, Ziffy Mortgage’s DSCR program evaluates $834/mo property income against a $629/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 2015

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Built in 2015, this meticulously maintained home offers 3 bedrooms and 2 full bathrooms with an inviting open layout. The living room flows seamlessly into the kitchen, which features an eat-at bar and included appliances. The owners suite is spacious and features dual walk-in closets and a private full bathroom. The sellers have cared for this home meticulously, making it truly move-in ready. Recent updates include: new roof (Nov. 2024), new water heater (2023), new A-coil for AC (2019), upgraded steel back door (2024), and new microwave (2025). The HVAC system has also been recently serviced by a professional for added peace of mind. Outdoor features include a full privacy fence, a well-maintained deck with ramp, and a peaceful backyard setting. Parking is conveniently located in the rear with alley access. An incredible 14'x40' detached building with electricity and an overhead door provides endless possibilities for storage, workshop, or hobby space.

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