1510 E Willis Road, New Albany, IN, 47150 | $504/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

Rental property for sale in New Albany at 1510 E Willis Road, New Albany, IN, 47150 generates $1,440/mo in rent and, after a $763/mo payment, leaves $504/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $6,051/yr on $51,681 invested. Return on cash invested sits at 31.62% in year one, and rental yield is 11.08% on a $155,900 entry. Equity gained on principal adds $1,006/yr, while 5% annual appreciation builds toward $43,072 over five years. Five-year ROI reaches 165.46% and total cumulative return in cash sums $85,510. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.

Manufactured

Built in 1999

1.11 Acres lot

$N/A/sqft

No HOA