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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Washington at 16 Beacon Way, Washington, IN, 47501 generates $1,928/mo in rent and, after a $1,144/mo payment, leaves $525/mo in cash flow. Total monthly income is $1,928/mo, and annual cash flow is $6,298/yr on $77,505 invested. Return on cash invested sits at 28.04% in year one, and rental yield is 9.9% on a $233,800 entry. Equity gained on principal adds $1,509/yr, while 5% annual appreciation builds toward $64,595 over five years. Five-year ROI reaches 146.16% and total cumulative return in cash sums $113,280. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,928/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
N/A 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 |
|---|---|---|
| 2024-12-02 | Listing removed | $229,000 |
| 2024-06-26 | Listed for sale | $229,000 |
| 2023-12-07 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: Kerstiens Homes & Designs
Mls Provider:
Mls ID: #N/A
