2697 250th Rd S, Washington, IN, 47501 | $585/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2697 250th Rd S, Washington, IN, 47501 | $585/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Washington at 2697 250th Rd S, Washington, IN, 47501 offers a 9.08% rental yield on a $374,900 purchase with $2,836/mo rent. Total monthly income registers $2,836/mo, and a $1,835/mo payment leaves $585/mo available for distribution. Annual cash flow reaches $7,026/yr on $124,279 to close, and return on cash invested stands at 25.56% in year one. Equity gained on principal adds $2,419/yr while 5% annual appreciation supports $103,578 over five years. Portfolio math shows five-year ROI at 132.92% and total cumulative return in cash at $165,187. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,836/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1976

5 Acres lot

$N/A/sqft

No HOA

More details about the property

Escape to peaceful country living with this beautiful quad-level home perfectly situated on a scenic hillside. Set on 5 picturesque acres, this property offers the perfect blend of privacy, space, and rural charmall just a short drive from town conveniences. Step inside to find 4 spacious bedrooms and 3 full bathrooms, designed for both comfort and functionality. The homes multi-level layout provides distinct living areas for relaxation and entertaining. The walk-out basement adds even more space, ideal for a family room, home office, or guest suite. Enjoy stunning views of the countryside from the screened-in, covered back patio, perfect for morning coffee or evening gatherings without the bugs. The attached 2-car garage offers convenience, while the long driveway with dual entry points provides easy access and plenty of parking. Outdoors, youll love the large pole barnperfect for storing equipment, vehicles, or transforming into a workshop or hobby space. The property also includes access to a shared pond stocked with fish, making it a paradise for nature lovers and anglers alike. Whether youre looking for a serene homestead or a place to grow and play, this hillside retreat delivers the best of country living.

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