508 Front StWashingtonIN47501
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 508 Front St, Washington, IN, 47501 at $113,800 posts ROI 42.04% with $696/mo cash flow from $1,379/mo rent. Total monthly income equals $1,379/mo, and annual cash flow records $8,350/yr on $37,725 to close. Return on cash invested measures 42.04% and rental yield reads 14.54% at the current $113,800. Equity gained on principal adds $734/yr, and 5% annual appreciation supports $31,441 by year five. Five-year ROI prints 221.28% and total cumulative return in cash totals $83,477.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,379/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
6,760 sqft 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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Nearby investment properties with comparable prices
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