123 E Todd Dr, Washington, IN, 47501 | $282/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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123 E Todd Dr, Washington, IN, 47501 | $282/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

Rental property for sale in Washington at 123 E Todd Dr, Washington, IN, 47501 offers $2,257/mo rent that, after a $1,610/mo payment, leaves $282/mo cash flow. Total monthly income is $2,257/mo, and annual cash flow is $3,388/yr on $109,064 cash. Return on cash invested measures 23.02% in year one, and rental yield stands at 8.23% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 119.28% and total cumulative return in cash reaches $130,089. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,257/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1973

0.79 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home! This beautifully 3-bedroom, 2-bath home is a perfect blend of comfort and style, situated in a highly sought-after neighborhood. As you step inside, youll be greeted by a spacious and inviting living area that flows seamlessly into the heart of the home. Retreat to the newly remodeled basement, offering a versatile space that can serve as a family room, home office, or play area. The possibilities are endless! Step outside to your own private oasis, featuring an above-ground pool, perfect for those warm summer days. The screened-in back porch provides a peaceful spot to relax and enjoy the views of your large yard, enclosed by a privacy fence for your utmost comfort and seclusion. In addition to the stunning features of this home, the convenience of a two-car attached garage adds to the appeal, providing ample storage and easy access.

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