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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Albany at 1729 Genung Drive, New Albany, IN, 47150 uses $67,958 cash to close to unlock $8,421/yr annual cash flow and $702/mo monthly cash flow. Total monthly income runs $1,932/mo, and a $1,003/mo payment keeps the spread at $702/mo. Purchase price stands at $205,000, and rental yield measures 11.31% with $1,932/mo rent. Return on cash invested shows 32.3% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 169.07% and total cumulative return in cash records $114,894. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,932/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Single Family
Built in 1953
8,799 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Sold | $205,000 |
| 2025-08-13 | Listed for sale | $205,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-16 | $752.80 | -3.84% | $88,900 | -5.63% |
| 2023-10-16 | $782.90 | 13.09% | $94,200 | -0.84% |
| 2022-10-16 | $692.26 | 3.58% | $95,000 | 6.86% |
Listed by: Kim Karem-LaPilusa • Green Tree Real Estate Services
Mls Name: SIRA
Mls Provider:
Mls ID: #2025010226
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.
