211 Lawn Court, New Albany, IN, 47150 | $295/mo Cash Flow

For Sale

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 211 Lawn Court, New Albany, IN, 47150 with 5% annual appreciation on a $190,000 basis while $1,436/mo rent supports operations. Total monthly income totals $1,436/mo and a $930/mo payment preserves $295/mo for cash returns. Annual cash flow comes to $3,545/yr on $62,985 deployed, and return on cash invested reaches 25.54% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 9.07%. Five-year ROI measures 132.81% and total cumulative return in cash totals $83,652.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,436/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1968

9,975 sqft lot

$N/A/sqft

No HOA