3003 Washington St, Cross Plains, IN, 47017 | $22/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3003 Washington St, Cross Plains, IN, 47017 | $22/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 Cross Plains at 3003 Washington St, Cross Plains, IN, 47017 offers a 7.33% rental yield on a $214,900 purchase with $1,312/mo rent. Total monthly income registers $1,312/mo, and a $1,052/mo payment leaves $22/mo available for distribution. Annual cash flow reaches $262/yr on $71,239 to close, and return on cash invested stands at 20.28% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 104.58% and total cumulative return in cash at $74,502. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,312/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2000

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Ranch home that feels new inside. Featuring a new roof, windows, HVAC system, and water heater, this home is designed for a worry-free living. The interior showcases luxury vinyl flooring throughout the main areas, plush carpet in the bedrooms, updated lighting, and a fully remodeled kitchen complete with granite countertops and modern cabinetry. With two spacious living rooms, there's plenty of flexibility for entertaining, a formal dining room, or even a home office setup. The primary suite is true retreat, featuring a double vanity, walk in shower, soaking tub, and a large walk in closet. Step outside to enjoy the brand new 16x12 deck overlooking a fenced in backyard, perfect for pets or outdoor gatherings. A stand out feature of this property is the 24x30 pole barn with electric, concrete and 8 foot doors, offering excellent space for storage, hobbies or a workshop. This home is ready for its next owner to move right in and enjoy. Priced to sell at $214,900.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47017, Cross Plains, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	287 (100%)
Owner Occupied HU	225 (78.4%)
Renter Occupied HU	33 (11.5%)
Vacant Housing Units	29 (10.1%)
Median Home Value	$228,214
Average Home Value	$242,067