1435 Bellemeade Drive, New Albany, IN, 47150 | 7.15% Rental Yield

For Sale

Listed for sale 2 days ago

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 1435 Bellemeade Drive, New Albany, IN, 47150 listed at $354,000 pairs $2,108/mo rent with a $1,733/mo payment. Total monthly income runs $2,108/mo. Return on cash invested measures 19.73% in year one, and rental yield registers 7.15% at a $354,000 basis. Equity gained on principal adds $2,284/yr, and annual property appreciation at 5% supports $97,804 by year five. Five-year ROI tracks 101.65% and total cumulative return in cash totals $119,290. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,108/mo property income relative to a $1,733/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1963

0.31 Acres lot

$N/A/sqft

No HOA