Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Washington at 715 W Walnut St, Washington, IN, 47501 priced at $155,000 converts $1,883/mo rent into $952/mo cash flow after a $759/mo obligation. Total monthly income equals $1,883/mo, and annual cash flow totals $11,427/yr on $51,383 invested. Return on cash invested prints 42.15% in year one, and rental yield reads 14.58% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 221.94% and total cumulative return in cash sums $114,040. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,883/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1950
6,534 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 |
|---|---|---|
| 2025-07-08 | Sold | $155,000 |
| 2025-05-18 | Pending sale | $169,000 |
| 2025-05-01 | Listed for sale | $169,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $91.04 | 1.99% | $99,500 | 4.41% |
| 2023-10-08 | $89.26 | 1.99% | $95,300 | 18.09% |
| 2022-10-08 | $87.52 | 2.00% | $80,700 | 11.46% |
What's Special
Pull Down Stairs,Storage
Listed by: Chris Craig • Home & Harvest Properties LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515335
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.
