1455 South Street, New Albany, IN, 47150 | $309/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 1455 South Street, New Albany, IN, 47150 uses $56,322 cash to close to unlock $3,704/yr annual cash flow and $309/mo monthly cash flow. Total monthly income runs $1,329/mo, and a $832/mo payment keeps the spread at $309/mo. Purchase price stands at $169,900, and rental yield measures 9.39% with $1,329/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 137.9% and total cumulative return in cash records $77,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,329/mo property income covering a $832/mo payment rather than investor’s personal income.

Single Family

Built in 1929

566.28 sqft lot

$N/A/sqft

No HOA