1717 Klerner Lane, New Albany, IN, 47150 | $85/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
700 sft

2606 Dixdale Ave, Louisville, KY, 40210

2 Bed
1 Bath
1088 sft

5107 Emery Ave, Louisville, KY, 40214

Currently Rented+ 1 more

4 Bed
2 Bath
1980 sft

1418 Beech St, Louisville, KY, 40211

3 Bed
2 Bath
2691 sft

1738 S 22nd St, Louisville, KY, 40210

Nearby investment properties with comparable prices

4 Bed
1 Bath
1413 sft

5409 Count Fleet Dr, Louisville, KY, 40272

3 Bed
2 Bath
1593 sft

651 Cecil Ave, Louisville, KY, 40211

3 Bed
1 Bath
1038 sft

7400 Wimstock Ave, Louisville, KY, 40272

4 Bed
1 Bath
1230 sft

7309 Rainbow Dr, Louisville, KY, 40272

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Albany at 1717 Klerner Lane, New Albany, IN, 47150 uses $69,615 cash to close to unlock $1,023/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,346/mo, and a $1,028/mo payment keeps the spread at $85/mo. Purchase price stands at $210,000, and rental yield measures 7.69% with $1,346/mo rent. Return on cash invested shows 21.38% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 110.53% and total cumulative return in cash records $76,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,346/mo property income covering a $1,028/mo payment rather than investor’s personal income.

Single Family

Built in 1948

7,710 sqft lot

$N/A/sqft

No HOA