In this investigation, IN625 alloy samples were processed by the directed energy deposition (DED) approach under various metal deposition strategies such as substrate preheating, interlayer dwell and with combined substrate preheating, interlayer dwell, as well as postheat treatment. The processed sample’s microstructural characteristics, residual stress, microhardness, and tensile properties are assessed in comparison to the manufacturing strategies. Rapid heat dissipation caused finer microstructure near the substrate. There is a growth of columnar grain structure epitaxially in the build direction. The progressive microstructure change seen in the build direction across the cross section was due to the gradual rise of heat accumulation between subsequent layers. The interdendritic zones contained Laves phases. Laves phases have a high Nb, Mo, as well as Si content, according to the energy-dispersive spectroscope (EDS) spectrum. The field emission scanning microscopy (FESEM) microstructural morphology of the deposited samples after their postheat treatment has shown a new microstructure with the combination of equiaxed (recrystallized) and columnar dendritic structure with the reconstruction of columnar dendritic solidification microstructure into equiaxed grains. Heat treatment caused the Laves phases to dissolve in the matrix of IN625 alloy, which led to the precipitation of nanometric γ″ phases. The deposition strategies with substrate preheating significantly decreased the residual stress with moderately improved mechanical properties. The combination of substrate preheating, interlayer dwell, and postheat treatment has shown an outstanding reduction of residual stress along with a remarkable improvement in tensile strength with the retainment of an equivalent ductility compared with other strategies.