








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 607 Lincoln St, Washington, IN, 47501 uses $66,300 cash to close to unlock $2,116/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $1,377/mo, and a $979/mo payment keeps the spread at $176/mo. Purchase price stands at $200,000, and rental yield measures 8.26% with $1,377/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 119.76% and total cumulative return in cash records $79,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,377/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 2025
9,713 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 |
|---|---|---|
| 2025-04-15 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Delmar W Wagler • Integrity Realty Group LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512789
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.