1939 N 150 WWashingtonIN47501
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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
Investment Highlights
Investment property for sale in Washington at 1939 N 150 W, Washington, IN, 47501 uses $111,053 cash to close to unlock $2,517/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $2,221/mo, and a $1,640/mo payment keeps the spread at $210/mo. Purchase price stands at $335,000, and rental yield measures 7.96% with $2,221/mo rent. Return on cash invested shows 22.18% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 114.75% and total cumulative return in cash records $127,436. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,221/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1952
4.50 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,274
Single Family
6,959
Multi-Family
315
Businesses
705
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Listed by: Mark J Graber • Honey Bee Realty Co. LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202414724
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.