111 Trimingham Road, New Albany, IN, 47150 | $173/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 111 Trimingham Road, New Albany, IN, 47150 generates $2,568/mo in rent and, after a $1,953/mo payment, leaves $173/mo in cash flow. Total monthly income is $2,568/mo, and annual cash flow is $2,073/yr on $132,269 invested. Return on cash invested sits at 21.48% in year one, and rental yield is 7.72% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 111% and total cumulative return in cash sums $146,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,568/mo property income rather than buyer’s personal income.

Single Family

Built in 1978

0.53 Acres lot

$N/A/sqft

No HOA