








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 207 NW 6th St, Washington, IN, 47501 uses $52,046 cash to close to unlock $8,695/yr annual cash flow and $725/mo monthly cash flow. Total monthly income runs $1,718/mo, and a $768/mo payment keeps the spread at $725/mo. Purchase price stands at $157,000, and rental yield measures 13.13% with $1,718/mo rent. Return on cash invested shows 36.62% in year one, and 5% annual appreciation builds toward $43,376 over five years. Five-year ROI reaches 192.63% and total cumulative return in cash records $100,256. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,718/mo property income covering a $768/mo payment rather than investor’s personal income.
Single Family
Built in 1915
6,098 sqft 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 |
|---|---|---|
| 2025-10-16 | Sold | $157,000 |
| 2025-10-07 | Pending sale | $179,900 |
| 2025-09-16 | Listed for sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $1920.00 | 16.50% | $98,400 | 3.80% |
| 2023-10-19 | $1648.00 | 9.21% | $94,800 | 16.75% |
| 2022-10-19 | $1509.00 | 4.72% | $81,200 | 9.29% |



Listed by: Steven Mize • Home & Harvest Properties LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537357
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.