2314 Beeler Street,New Albany,IN,47150

Investment Highlights

Rental property for sale in New Albany at 2314 Beeler Street, New Albany, IN, 47150 generates $2,550/mo in rent and, after a $1,248/mo payment, leaves $1,019/mo in cash flow. Total monthly income is $2,550/mo, and annual cash flow is $12,232/yr on $84,533 invested. Return on cash invested sits at 34.38% in year one, and rental yield is 12% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 180.22% and total cumulative return in cash sums $152,348. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,550/mo property income rather than buyer’s personal income.