1249 Beechwood Ave,New Albany,IN,47150

Investment Highlights

Rental property for sale in New Albany at 1249 Beechwood Ave, New Albany, IN, 47150 generates $1,565/mo in rent and, after a $1,003/mo payment, leaves $202/mo in cash flow. Total monthly income is $1,565/mo, and annual cash flow is $2,423/yr on $67,958 invested. Return on cash invested sits at 23.47% in year one, and rental yield is 9.16% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 122.56% and total cumulative return in cash sums $83,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,565/mo property income rather than buyer’s personal income.