1001 E Market St, New Albany, IN, 47150 | $437/mo Cash Flow

Off market

Currently Rented

Rental Income

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 New Albany at 1001 E Market St, New Albany, IN, 47150 listed at $234,400 pairs $1,844/mo rent with a $1,147/mo payment to leave $437/mo cash flow. Total monthly income runs $1,844/mo, and annual cash flow reaches $5,246/yr on $77,704 cash to close. Return on cash invested measures 26.66% in year one, and rental yield registers 9.44% at a $234,400 basis. Equity gained on principal adds $1,513/yr, and annual property appreciation at 5% supports $64,760 by year five. Five-year ROI tracks 138.85% and total cumulative return in cash totals $107,888. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,844/mo property income relative to a $1,147/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Multi Family

Built in 1929

3,049 sqft lot

$N/A/sqft

No HOA