5 Green Acres RdWashingtonIN47501
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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
Investment Highlights
Investment property for sale in Washington at 5 Green Acres Rd, Washington, IN, 47501 with 5% annual appreciation on a $389,900 basis while $2,717/mo rent supports operations. Total monthly income totals $2,717/mo and a $1,908/mo payment preserves $377/mo for cash returns. Annual cash flow comes to $4,522/yr on $129,252 deployed, and return on cash invested reaches 23.41% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,722 alongside rental yield of 8.36%. Five-year ROI measures 121.35% and total cumulative return in cash totals $156,853.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,717/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
2.49 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,274
Single Family
6,959
Multi-Family
315
Businesses
705
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Listed by: Billy J Walker • Century 21 Classic Realty
Mls Name: IRMLS
Mls ID: #202527283