213 Colonial Club Dr, New Albany, IN, 47150 | $737/mo Cash Flow

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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 213 Colonial Club Dr, New Albany, IN, 47150 listed at $142,500 pairs $1,592/mo rent with a $697/mo payment to leave $737/mo cash flow. Total monthly income runs $1,592/mo, and annual cash flow reaches $8,845/yr on $47,239 cash to close. Return on cash invested measures 38.63% in year one, and rental yield registers 13.41% at a $142,500 basis. Equity gained on principal adds $920/yr, and annual property appreciation at 5% supports $39,370 by year five. Five-year ROI tracks 203.1% and total cumulative return in cash totals $95,943. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,592/mo property income relative to a $697/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA