








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 Washington at 1200 Troy Rd, Washington, IN, 47501 at $189,900 posts ROI 18.74% with from $1,078/mo rent. Total monthly income equals $1,078/mo. Return on cash invested measures 18.74% and rental yield reads 6.81% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 96.35% and total cumulative return in cash totals $60,653. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,078/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47501, Washington, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,537 (100%) |
| Owner Occupied HU | 4,525 (60.0%) |
| Renter Occupied HU | 2,374 (31.5%) |
| Vacant Housing Units | 638 ( 8.5%) |
| Median Home Value | $201,066 |
| Average Home Value | $221,265 |
Residential
7,274
Single Family
6,959
Multi-Family
315
Businesses
705
Date | Event | Price |
|---|---|---|
| 2025-06-05 | Listed for sale | $189,900 |
| 2024-11-27 | Sold | $57,500 |
| 2024-10-22 | Pending sale | $70,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-06 | $568.36 | -6.47% | $86,600 | 2.24% |
| 2023-06-06 | $607.68 | 1.27% | $84,700 | 12.63% |
| 2022-06-06 | $600.08 | -2.39% | $75,200 | 8.67% |



Listed by: Steven Mize • Home & Harvest Properties LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521284
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.