1414 Knob Avenue, New Albany, IN, 47150 | 3.66% Rental Yield

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 1414 Knob Avenue, New Albany, IN, 47150 generates $2,209/mo in rent, after a $3,548/mo payment. Total monthly income is $2,209/mo. Return on cash invested sits at 9.28% in year one, and rental yield is 3.66% on a $724,900 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,277 over five years. Five-year ROI reaches 45.57% and total cumulative return in cash sums $108,669. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,209/mo property income rather than buyer’s personal income.

Single Family

Built in 2022

0.35 Acres lot

$N/A/sqft

No HOA