803 Longfellow DrWashingtonIN47501
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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 803 Longfellow Dr, Washington, IN, 47501 earns $80/mo cash flow from $1,874/mo rent with a $1,463/mo payment. Total monthly income totals $1,874/mo, and annual cash flow totals $955/yr on $99,119 capital. ROI tracks 20.87% on current figures, and rental yield reads 7.52% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 107.77% and total cumulative return in cash sums $106,822. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,874/mo property income instead of your personal income.
Single Family
Built in 1985
0.55 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: Rachel Knepp • Century 21 Classic Realty
Mls Name: IRMLS
Mls ID: #202534753