1214 E Van, Washington, IN, 47501 | $690/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1214 E Van, Washington, IN, 47501 | $690/mo Cash Flow | Ziffy

Pending

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 Washington at 1214 E Van, Washington, IN, 47501 uses $74,588 cash to close to unlock $8,275/yr annual cash flow and $690/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,101/mo payment keeps the spread at $690/mo. Purchase price stands at $225,000, and rental yield measures 10.88% with $2,040/mo rent. Return on cash invested shows 31% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 162.1% and total cumulative return in cash records $120,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,101/mo payment rather than investor’s personal income.

Single Family

Built in N/A

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Brand new and classy never felt so good. Come make some great memories in your very own three bedroom, two bath home that offers an attached garage as well as a nice front porch for relaxing after the days labors are through.. 3 bedrooms make for ample storage and room.. 2 bathrooms gives you added functionality. The tile shower is really cool and will definitely be something to brag about at the baby shower. The granite counter tops and ample counter space gives a chef reason for butterflies.. Throw the maintanence guys number away and come enjoy brand new living At Home Sweet Home Avenue located in Washington Indiana.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47501, Washington, IN area.

Housing Distribution

Housing Statistics

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