1 Captains Court, New Albany, IN, 47150 | $1,314/mo Cash Flow

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

Rental property for sale in New Albany at 1 Captains Court, New Albany, IN, 47150 generates $3,715/mo in rent and, after a $1,958/mo payment, leaves $1,314/mo in cash flow. Total monthly income is $3,715/mo, and annual cash flow is $15,764/yr on $132,600 invested. Return on cash invested sits at 31.8% in year one, and rental yield is 11.15% on a $399,999 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,512 over five years. Five-year ROI reaches 166.36% and total cumulative return in cash sums $220,587. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,715/mo property income rather than buyer’s personal income.

Single Family

Built in 1990

0.48 Acres lot

$N/A/sqft

No HOA