Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Albany at 1027 Skyview Drive, New Albany, IN, 47150 generates $3,555/mo in rent and, after a $2,692/mo payment, leaves $253/mo in cash flow. Total monthly income is $3,555/mo, and annual cash flow is $3,041/yr on $180,950 invested. Return on cash invested sits at 21.74% in year one, and rental yield is 7.76% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 112.39% and total cumulative return in cash sums $203,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,555/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
1.67 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-06-09 | Price change | $550,000 |
| 2025-05-19 | Price change | $560,000 |
| 2025-05-12 | Price change | $579,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $3246.72 | -6.72% | $395,800 | -1.93% |
| 2023-06-19 | $3480.48 | 4.93% | $403,600 | -0.96% |
| 2022-06-19 | $3316.94 | 2.24% | $407,500 | 6.34% |
Listed by: William Andes • eXp Realty, LLC
Mls Name: SIRA
Mls Provider:
Mls ID: #202508843
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
