1652 Hedden Park, New Albany, IN, 47150 | $316/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 1652 Hedden Park, New Albany, IN, 47150 uses $72,068 cash to close to unlock $3,793/yr annual cash flow and $316/mo monthly cash flow. Total monthly income runs $1,621/mo, and a $1,064/mo payment keeps the spread at $316/mo. Purchase price stands at $217,400, and rental yield measures 8.95% with $1,621/mo rent. Return on cash invested shows 25.17% in year one, and 5% annual appreciation builds toward $60,064 over five years. Five-year ROI reaches 130.87% and total cumulative return in cash records $94,319. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,621/mo property income covering a $1,064/mo payment rather than investor’s personal income.

Single Family

Built in 1953

7,710 sqft lot

$N/A/sqft

No HOA