6 Brett Cabel Ct, Washington, IN, 47501 | $235/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6 Brett Cabel Ct, Washington, IN, 47501 | $235/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Washington at 6 Brett Cabel Ct, Washington, IN, 47501 offers $1,525/mo rent that, after a $1,052/mo payment, leaves $235/mo cash flow. Total monthly income is $1,525/mo, and annual cash flow is $2,818/yr on $71,239 cash. Return on cash invested measures 23.86% in year one, and rental yield stands at 8.52% at a $214,900 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,373 by year five. Five-year ROI records 123.82% and total cumulative return in cash reaches $88,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,525/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1985

N/A lot

$N/A/sqft

No HOA

More details about the property

Enjoy 1-level low-maintenance living in this beautifully updated, 2 bedroom, 2 bath condo. The Master Suite features a walk-in closet, double sink vanity, and spacious walk-in shower. The open kitchen includes all appliances and an island bar. Features custom built cabinetry and fresh paint throughout to give it a bright, modern feel. Relax on the welcoming front porch or the back deck with privacy-fenced side and back yard. Additionally the property includes a deep 1-car garage with a storage room and offers a fantastic location close to schools, churches, and the golf course.

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