








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 1263 W 150 N, Washington, IN, 47501 offers a 9.62% rental yield on a $260,000 purchase with $2,084/mo rent. Total monthly income registers $2,084/mo, and a $1,273/mo payment leaves $523/mo available for distribution. Annual cash flow reaches $6,274/yr on $86,190 to close, and return on cash invested stands at 27.19% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 141.63% and total cumulative return in cash at $122,069. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,084/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
0.39 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 |
|---|---|---|
| 2025-06-27 | Sold | $260,000 |
| 2025-05-19 | Pending sale | $269,900 |
| 2025-05-13 | Listed for sale | $269,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1425.52 | -12.64% | $216,200 | 4.14% |
| 2023-10-25 | $1631.72 | 5.48% | $207,600 | 5.17% |
| 2022-10-25 | $1546.96 | 2.97% | $197,400 | 10.84% |



What's Special
Storage
Listed by: Paula Potts • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517388
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.