207 Colonial Club DriveNew 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 207 Colonial Club Drive, New Albany, IN, 47150 at $150,000 posts ROI 19.06% with from $1,130/mo rent. Total monthly income equals $1,130/mo. Return on cash invested measures 19.06% and rental yield reads 9.04% at the current $150,000. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 by year five. Five-year ROI prints 100.38% and total cumulative return in cash totals $49,914. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,130/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1997
1 Acres lot
$N/A/sqft
$199 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Courtney Crofford • Lopp Real Estate Brokers
Mls Name: SIRA
Mls Provider:
Mls ID: #202507470
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.