201 Virginia Ct, New Albany, IN, 47150 | $219/mo Cash Flow

For Sale

Fix & Flip

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 201 Virginia Ct, New Albany, IN, 47150 earns $219/mo cash flow from $1,059/mo rent with a $685/mo payment. Total monthly income totals $1,059/mo, and annual cash flow totals $2,626/yr on $46,410 capital. ROI tracks 25.57% on current figures, and rental yield reads 9.08% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 132.92% and total cumulative return in cash sums $61,690. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,059/mo property income instead of your personal income.

Single Family

Built in 1950

3,049 sqft lot

$N/A/sqft

No HOA