1906 Culbertson AvenueNew 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 1906 Culbertson Avenue, New Albany, IN, 47150 earns $314/mo cash flow from $2,070/mo rent with a $1,432/mo payment. Total monthly income totals $2,070/mo, and annual cash flow totals $3,766/yr on $96,964 capital. ROI tracks 23.79% on current figures, and rental yield reads 8.49% at a $292,500 purchase. Equity gained on principal adds $1,887/yr, and 5% annual appreciation supports $80,812 over five years. Five-year ROI reaches 123.41% and total cumulative return in cash sums $119,661. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,070/mo property income instead of your personal income.
Single Family
Built in 1929
6,359 sqft lot
$N/A/sqft
No HOA
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Listed by: Rachel C. Thomas • The Collective Realty Co.
Mls Name: SIRA
Mls Provider:
Mls ID: #202507541
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.