1233 Naghel Street, New Albany, IN, 47150 | $410/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

Investment property for sale in New Albany at 1233 Naghel Street, New Albany, IN, 47150 uses $79,527 cash to close to unlock $4,921/yr annual cash flow and $410/mo monthly cash flow. Total monthly income runs $1,850/mo, and a $1,174/mo payment keeps the spread at $410/mo. Purchase price stands at $239,900, and rental yield measures 9.25% with $1,850/mo rent. Return on cash invested shows 26.1% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 135.84% and total cumulative return in cash records $108,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,850/mo property income covering a $1,174/mo payment rather than investor’s personal income.

Single Family

Built in 2005

7,187 sqft lot

$N/A/sqft

No HOA