2305 Frederick Avenue, New Albany, IN, 47150 | $313/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
760 sft

1016 Clark St, New Albany, IN, 47150

2 Bed
1 Bath
1096 sft

1659 Harold Ave, Louisville, KY, 40210

2 Bed
1 Bath
1827 sft

4711 Lynn Lea Rd, Shively, KY, 40216

3 Bed
1 Bath
2150 sft

6504 Gabriel Dr, Louisville, KY, 40258

Nearby investment properties with comparable prices

4 Bed
2 Bath
1804 sft

1714 Colony Ct, Shively, KY, 40216

2 Bed
2 Bath
1072 sft

6405 Cameron Ln UNIT 309, Crestwood, KY, 40014

3 Bed
1 Bath
1064 sft

7525 3rd Street Rd, Louisville, KY, 40214

3 Bed
1 Bath
950 sft

4804 Seville Dr, Louisville, KY, 40272

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Albany at 2305 Frederick Avenue, New Albany, IN, 47150 earns $313/mo cash flow from $1,784/mo rent with a $1,199/mo payment. Total monthly income totals $1,784/mo, and annual cash flow totals $3,762/yr on $81,218 capital. ROI tracks 24.54% on current figures, and rental yield reads 8.74% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 127.45% and total cumulative return in cash sums $103,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,784/mo property income instead of your personal income.

Single Family

Built in 1940

7,492 sqft lot

$N/A/sqft

No HOA