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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 7 White Ridge Ct, Washington, IN, 47501 listed at $255,000 pairs $2,341/mo rent with a $1,248/mo payment to leave $767/mo cash flow. Total monthly income runs $2,341/mo, and annual cash flow reaches $9,204/yr on $84,533 cash to close. Return on cash invested measures 30.8% in year one, and rental yield registers 11.02% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 161.27% and total cumulative return in cash totals $136,328. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,341/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2011
0.63 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 |
|---|---|---|
| 2025-06-20 | Sold | $255,000 |
| 2025-05-21 | Pending sale | $260,000 |
| 2025-04-22 | Price change | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $2636.00 | 14.86% | $268,500 | 3.03% |
| 2023-10-22 | $2295.00 | 8.41% | $260,600 | 12.81% |
| 2022-10-22 | $2117.00 | 9.58% | $231,000 | 8.40% |
Listed by: Ashley Dobson • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434446
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.
