102 Crown Court, New Albany, IN, 47150 | $527/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 102 Crown Court, New Albany, IN, 47150 priced at $260,000 converts $2,088/mo rent into $527/mo cash flow after a $1,273/mo obligation. Total monthly income equals $2,088/mo, and annual cash flow totals $6,322/yr on $86,190 invested. Return on cash invested prints 27.24% in year one, and rental yield reads 9.64% against a $260,000 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,833 by year five. Five-year ROI reaches 141.93% and total cumulative return in cash sums $122,333. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,088/mo property income covering a $1,273/mo payment, not borrower’s personal income.

Condo

Built in 2002

2,178 sqft lot

$N/A/sqft

No HOA