1209 Indiana AveNew AlbanyIN47150
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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
Investment Highlights
Investment property for sale in New Albany at 1209 Indiana Ave, New Albany, IN, 47150 earns $258/mo cash flow from $1,069/mo rent with a $661/mo payment. Total monthly income totals $1,069/mo, and annual cash flow totals $3,100/yr on $44,753 capital. ROI tracks 26.84% on current figures, and rental yield reads 9.5% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 139.81% and total cumulative return in cash sums $62,569. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,069/mo property income instead of your personal income.
Single Family
Built in 1935
3,197 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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