1001 Oakland Drive, New Albany, IN, 47150 | $287/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

Investment property for sale in New Albany at 1001 Oakland Drive, New Albany, IN, 47150 listed at $389,900 pairs $2,627/mo rent with a $1,908/mo payment to leave $287/mo cash flow. Total monthly income runs $2,627/mo, and annual cash flow reaches $3,442/yr on $129,252 cash to close. Return on cash invested measures 22.57% in year one, and rental yield registers 8.09% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 116.88% and total cumulative return in cash totals $151,069. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,627/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1996

0.62 Acres lot

$N/A/sqft

No HOA