








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 706 Brett Cabel Rd, Washington, IN, 47501 at $379,900 posts ROI 24.14% with $444/mo cash flow from $2,724/mo rent. Total monthly income equals $2,724/mo, and annual cash flow records $5,327/yr on $125,937 to close. Return on cash invested measures 24.14% and rental yield reads 8.6% at the current $379,900. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 by year five. Five-year ROI prints 125.27% and total cumulative return in cash totals $157,757.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,724/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
0.50 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 |
|---|---|---|
| 2025-07-07 | Price change | $379,900 |
| 2025-06-18 | Price change | $375,000 |
| 2025-05-13 | Listed for sale | $380,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-09 | $2890.00 | 17.48% | $241,300 | 3.83% |
| 2023-07-09 | $2460.00 | 9.14% | $232,400 | 15.74% |
| 2022-07-09 | $2254.00 | 19.83% | $200,800 | 9.85% |



Listed by: Janice Williams • MIDWEST REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526141
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.