1612 Hedden CourtNew AlbanyIN47150
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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
Investment Highlights
Investment property for sale in New Albany at 1612 Hedden Court, New Albany, IN, 47150 earns from $1,273/mo rent with a $1,223/mo payment. Total monthly income totals $1,273/mo. ROI tracks 16.62% on current figures, and rental yield reads 6.11% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 85.03% and total cumulative return in cash sums $70,442. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,273/mo property income instead of your personal income.
Single Family
Built in 1955
9,452 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Nanci J Habermel • Coldwell Banker McMahan
Mls Name: SIRA
Mls Provider:
Mls ID: #202508995
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.