106 Amy CourtNew AlbanyIN47150
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 106 Amy Court, New Albany, IN, 47150 in New Albany. At $365,000 it earns $3,006/mo in rent and distributes $815/mo to the owner after the $1,641/mo payment, a consistent 9.88% yield. DSCR 1.83 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $100,843 in value; $3,362/yr in principal paydown compounds ownership stake. Total projected return: $190,584.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 6.0% |
| Monthly Cash Flow | $815 | $300 |
City averages based on New Albany market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,006 |
| Total Monthly Debt Service | $2,046 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1987
10,410 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1987
10,410 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: SIRA
Mls ID: #202606474