2024 E Market St, New Albany, IN, 47150 | $191/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 2024 E Market St, New Albany, IN, 47150 earns $191/mo cash flow from $851/mo rent with a $538/mo payment. Total monthly income totals $851/mo, and annual cash flow totals $2,293/yr on $36,465 capital. ROI tracks 26.2% on current figures, and rental yield reads 9.28% at a $109,999 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 136.5% and total cumulative return in cash sums $49,775. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $851/mo property income instead of your personal income.

Single Family

Built in 1929

3,049 sqft lot

$N/A/sqft

No HOA