811 SW 1st St, Washington, IN, 47501 | $65/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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811 SW 1st St, Washington, IN, 47501 | $65/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Washington at 811 SW 1st St, Washington, IN, 47501 listed at $329,000 pairs $2,040/mo rent with a $1,610/mo payment to leave $65/mo cash flow. Total monthly income runs $2,040/mo, and annual cash flow reaches $784/yr on $109,064 cash to close. Return on cash invested measures 20.63% in year one, and rental yield registers 7.44% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 106.47% and total cumulative return in cash totals $116,121. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2024

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

NEW 2 Story home with 5 beds, 3 baths and an extra lot! Beautiful kitchen with quartz countertops & soft close cabinets. Spacious primary suite with an office, en suite bathroom, & a walk-in closet. Laundry rooms on the main level & upstairs.

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