219-221 W 9TH Street, New Albany, IN, 47150 | $652/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 219-221 W 9TH Street, New Albany, IN, 47150 earns $652/mo cash flow from $1,847/mo rent with a $974/mo payment. Total monthly income totals $1,847/mo, and annual cash flow totals $7,829/yr on $65,969 capital. ROI tracks 31.78% on current figures, and rental yield reads 11.14% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 166.29% and total cumulative return in cash sums $109,698. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,847/mo property income instead of your personal income.

Single Family

Built in 1929

4,791 sqft lot

$N/A/sqft

No HOA