




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 5 E Viola Ave, Washington, IN, 47501 at $223,700 posts ROI 27.24% with $453/mo cash flow from $1,801/mo rent. Total monthly income equals $1,801/mo, and annual cash flow records $5,436/yr on $74,157 to close. Return on cash invested measures 27.24% and rental yield reads 9.66% at the current $223,700. Equity gained on principal adds $1,444/yr, and 5% annual appreciation supports $61,804 by year five. Five-year ROI prints 142.01% and total cumulative return in cash totals $105,309.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,801/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.40 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 |
|---|---|---|
| 2025-08-29 | Listing removed | $235,000 |
| 2025-08-04 | Price change | $235,000 |
| 2025-06-05 | Listed for sale | $237,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $1916.00 | 13.98% | $197,200 | 4.23% |
| 2023-10-15 | $1681.00 | 7.07% | $189,200 | 14.18% |
| 2022-10-15 | $1570.00 | 9.18% | $165,700 | 7.18% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A