113 Nighthawk Place, New Albany, IN, 47150 | $240/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

113 Nighthawk Place, New Albany, IN, 47150 | $240/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1697 sft

4214- LOT 131 Skylar Way, New Albany, IN, 47150

3 Bed
2 Bath
1838 sft

4211 - LOT 106 Skylar Way, New Albany, IN, 47150

3 Bed
2 Bath
1697 sft

4213 - LOT 107 Skylar Way, New Albany, IN, 47150

3 Bed
2 Bath
1697 sft

4209 - LOT 105 Skylar Way, New Albany, IN, 47150

Nearby investment properties with comparable prices

3 Bed
1 Bath
1799 sft

7418 Blue Wing Dr, Louisville, KY, 40258

3 Bed
2 Bath
1435 sft

6417 Rivers End Dr, Louisville, KY, 40258

3 Bed
2 Bath
1750 sft

7232 Durst Dr, Louisville, KY, 40258

2 Bed
1 Bath
1224 sft

9175 Ripperdan Valley Rd SW, Mauckport, IN, 47142

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Albany at 113 Nighthawk Place, New Albany, IN, 47150 offers a 8.36% rental yield on a $249,900 purchase with $1,740/mo rent. Total monthly income registers $1,740/mo, and a $1,223/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,880/yr on $82,842 to close, and return on cash invested stands at 23.39% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 121.3% and total cumulative return in cash at $100,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to Greenway Commons New Albanys Premier Townhome Community! This stunning newconstruction townhome offers the perfect blend of modern design, convenience, and comfort in one of New Albanys most desirable locationsjust minutes from shopping, dining, and entertainment. Step inside this 2-story home featuring 3 bedrooms, 2.5 baths, and an open floor plan designed for todays lifestyle. The spacious living area flows seamlessly into the kitchen and dining spaces, making it ideal for entertaining or everyday living. The primary suite is a true retreat with a large walk-in closet and a spacious private bathroom. Enjoy the curb appeal of Hardboard Siding with stone accents, a covered front porch, and a 2-car garage offering plenty of storage. This home combines style, function, and a fantastic locationmaking it the perfect place to call home in Greenway Commons! Square footage and room sizes are approximate. If important, buyers should verify.