1717 Charlestown RdNew AlbanyIN47150
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1717 Charlestown Rd, New Albany, IN, 47150 in New Albany speaks for itself: 17.17% gross on a $125,700 price, generating $1,799/mo in rent and $1,044/mo in net income after the $565/mo debt service. DSCR 3.18, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $12,531 stacks alongside $34,729 in projected five-year appreciation and $1,158/yr in principal reduction. Projected total cumulative return: $114,801.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.2% | 6.0% |
| Monthly Cash Flow | $1,044 | $300 |
City averages based on New Albany market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,799 |
| Total Monthly Debt Service | $705 |
| DSCR Ratio | 2.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1933
1,785 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1933
1,785 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A