29 Sugarland RdWashingtonIN47501
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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 29 Sugarland Rd, Washington, IN, 47501 listed at $298,900 pairs $2,242/mo rent with a $1,463/mo payment to leave $448/mo cash flow. Total monthly income runs $2,242/mo, and annual cash flow reaches $5,373/yr on $99,085 cash to close. Return on cash invested measures 25.33% in year one, and rental yield registers 9% at a $298,900 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,581 by year five. Five-year ROI tracks 131.68% and total cumulative return in cash totals $130,479. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,242/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
1.52 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: Debbie Goodwin • Century 21 Classic Realty
Mls Name: IRMLS
Mls ID: #202530773