706 Brett Cabel RdWashingtonIN47501
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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
Investment Highlights
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
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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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.