1132 Greenaway Place,New Albany,IN,47150

Investment Highlights

Investment property for sale in New Albany at 1132 Greenaway Place, New Albany, IN, 47150 offers a 9.36% rental yield on a $130,000 purchase with $1,014/mo rent. Total monthly income registers $1,014/mo, and a $636/mo payment leaves $234/mo available for distribution. Annual cash flow reaches $2,807/yr on $43,095 to close, and return on cash invested stands at 26.42% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 137.51% and total cumulative return in cash at $59,259. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,014/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.