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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 302 NW 11th St, Washington, IN, 47501 listed at $180,000 pairs $1,884/mo rent with a $881/mo payment to leave $804/mo cash flow. Total monthly income runs $1,884/mo, and annual cash flow reaches $9,642/yr on $59,670 cash to close. Return on cash invested measures 36.07% in year one, and rental yield registers 12.56% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 189.29% and total cumulative return in cash totals $112,949. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,884/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A 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 |
|---|---|---|
| 2024-11-22 | Sold | $180,000 |
| 2024-10-17 | Pending sale | $189,000 |
| 2024-05-02 | Listed for sale | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $75.00 | N/A | $2,500 | N/A |
| 2023-10-22 | $75.00 | 50.00% | $2,500 | N/A |
| 2022-10-22 | $50.00 | N/A | $2,500 | N/A |
What's Special
Pull Down Stairs,Storage
Listed by: Anna Lou Chapman • RE/MAX Elite
Mls Name: IRMLS
Mls Provider:
Mls ID: #202415120
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.
