3582 Troy Rd, Washington, IN, 47501 | $159/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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3582 Troy Rd, Washington, IN, 47501 | $159/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 3582 Troy Rd, Washington, IN, 47501 offers a 8.16% rental yield on a $199,000 purchase with $1,354/mo rent. Total monthly income registers $1,354/mo, and a $974/mo payment leaves $159/mo available for distribution. Annual cash flow reaches $1,913/yr on $65,969 to close, and return on cash invested stands at 22.81% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 118.17% and total cumulative return in cash at $77,958. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,354/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2001

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Enjoy peaceful country living in this beautifully maintained 3-bedroom, 2-bath ranch-style manufactured home, perfectly situated on a gorgeous 1-acre lot. This move-in-ready home offers the ideal blend of comfort, functionality, and outdoor space. Property Features: Spacious Layout: 3 comfortable bedrooms and 2 full baths, perfect for families or those looking for single-level living. Modern Comfort: Newer flooring and a newer central air system provide style and year-round comfort. Outdoor Enjoyment: Relax or entertain on the nice deck, overlooking your open yard and scenic surroundings. Extra Storage: A large utility shed provides plenty of room for tools, equipment, or hobbies. Bonus Space: Enjoy a large basketball courtor use the solid foundation to build your dream garage or workshop. Beautiful Lot: The 1-acre county setting offers privacy, plenty of space for outdoor fun, and that peaceful country atmosphere youve been looking for. This home has been well cared for and is in very nice conditiona perfect opportunity for anyone seeking country living with modern amenities and room to grow.

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