2113 Willow StNew 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 2113 Willow St, New Albany, IN, 47150 listed at $115,000 pairs $908/mo rent with a $563/mo payment to leave $176/mo cash flow. Total monthly income runs $908/mo, and annual cash flow reaches $2,114/yr on $38,123 cash to close. Return on cash invested measures 25.45% in year one, and rental yield registers 9.47% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 132.95% and total cumulative return in cash totals $50,685. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $908/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
2,700 sqft lot
$N/A/sqft
No HOA
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Listed by: Ellen Masterson • Lenihan Commercial Properties
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1689439
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