Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 405 Southview Dr, Washington, IN, 47501 earns $691/mo cash flow from $2,657/mo rent with a $1,603/mo payment. Total monthly income totals $2,657/mo, and annual cash flow totals $8,292/yr on $108,566 capital. ROI tracks 27.55% on current figures, and rental yield reads 9.74% at a $327,500 purchase. Equity gained on principal adds $2,113/yr, and 5% annual appreciation supports $90,482 over five years. Five-year ROI reaches 143.6% and total cumulative return in cash sums $155,898. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,657/mo property income instead of your personal income.
Single Family
Built in 1976
0.36 Acres 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $327,500 |
| 2013-03-15 | Sold | $89,900 |
| 2012-12-22 | Listed for sale | $89,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $2328.00 | 16.87% | $182,000 | 3.88% |
| 2023-04-24 | $1992.00 | 56.76% | $175,200 | 17.58% |
| 2022-04-24 | $1270.74 | 9.24% | $149,000 | 17.69% |
Listed by: Shelley R Brinson • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514241
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.
