117 Rossmoore Drive, New Albany, IN, 47150 | $403/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 117 Rossmoore Drive, New Albany, IN, 47150 priced at $234,900 converts $1,813/mo rent into $403/mo cash flow after a $1,150/mo obligation. Total monthly income equals $1,813/mo, and annual cash flow totals $4,832/yr on $77,869 invested. Return on cash invested prints 26.11% in year one, and rental yield reads 9.26% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 135.87% and total cumulative return in cash sums $105,801. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,813/mo property income covering a $1,150/mo payment, not borrower’s personal income.

Single Family

Built in 1957

8,712 sqft lot

$N/A/sqft

No HOA