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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 902 Center St, Washington, IN, 47501 uses $54,698 cash to close to unlock $3,241/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,261/mo, and a $808/mo payment keeps the spread at $270/mo. Purchase price stands at $165,000, and rental yield measures 9.17% with $1,261/mo rent. Return on cash invested shows 25.84% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 134.46% and total cumulative return in cash records $73,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,261/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1901
9,583 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 |
|---|---|---|
| 2025-08-21 | Listed for sale | $165,000 |
| 2009-06-30 | Sold | $71,500 |
| 2007-05-17 | Sold | $67,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-22 | $934.68 | 23.35% | $108,800 | 3.92% |
| 2023-08-22 | $757.74 | 15.83% | $104,700 | 17.77% |
| 2022-08-22 | $654.16 | 21.27% | $88,900 | 9.21% |
What's Special
Storage
Listed by: Ashley Norris • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202533466
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.
