2312 Frederick Ave, New Albany, IN, 47150 | $716/mo Cash Flow

Off market

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 2312 Frederick Ave, New Albany, IN, 47150 at $268,700 posts ROI 29.55% with $716/mo cash flow from $2,344/mo rent. Total monthly income equals $2,344/mo, and annual cash flow records $8,586/yr on $89,074 to close. Return on cash invested measures 29.55% and rental yield reads 10.47% at the current $268,700. Equity gained on principal adds $1,734/yr, and 5% annual appreciation supports $74,237 by year five. Five-year ROI prints 154.39% and total cumulative return in cash totals $137,521.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,344/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1950

6,708 sqft lot

$N/A/sqft

No HOA