1913 Center Street, New Albany, IN, 47150 | $180/mo Cash Flow

For Sale

Currently Rented

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 1913 Center Street, New Albany, IN, 47150 earns $180/mo cash flow from $1,590/mo rent with a $1,150/mo payment. Total monthly income totals $1,590/mo, and annual cash flow totals $2,154/yr on $77,903 capital. ROI tracks 22.67% on current figures, and rental yield reads 8.12% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 117.46% and total cumulative return in cash sums $91,504. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,590/mo property income instead of your personal income.

Multi Family

Built in 1929

6,795 sqft lot

$N/A/sqft

No HOA