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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 410 NW 2nd St, Washington, IN, 47501 offers a 11.37% rental yield on a $165,000 purchase with $1,564/mo rent. Total monthly income registers $1,564/mo, and a $808/mo payment leaves $573/mo available for distribution. Annual cash flow reaches $6,877/yr on $54,698 to close, and return on cash invested stands at 32.48% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 170.11% and total cumulative return in cash at $93,047. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,564/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
5,662 sqft 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 |
|---|---|---|
| 2025-08-29 | Sold | $165,000 |
| 2025-07-30 | Pending sale | $169,900 |
| 2025-07-01 | Price change | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-05 | $179.68 | N/A | $104,500 | 3.98% |
| 2023-11-05 | N/A | N/A | $100,500 | 17.82% |
| 2022-11-05 | N/A | N/A | $85,300 | 9.22% |
Listed by: Darwin Fleagle • Home & Harvest Properties LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202523890
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.
