2524 McDonald StreetNew AlbanyIN47150
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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
Investment Highlights
Investment property for sale in New Albany at 2524 McDonald Street, New Albany, IN, 47150 at $103,000 posts ROI 40.73% with $592/mo cash flow from $1,246/mo rent. Total monthly income equals $1,246/mo, and annual cash flow records $7,108/yr on $34,145 to close. Return on cash invested measures 40.73% and rental yield reads 14.52% at the current $103,000. Equity gained on principal adds $665/yr, and 5% annual appreciation supports $28,457 by year five. Five-year ROI prints 214.8% and total cumulative return in cash totals $73,342.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,246/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1929
7,187 sqft lot
$N/A/sqft
No HOA
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Listed by: Craig Eberle • Keller Williams Realty Consultants
Mls Name: SIRA
Mls Provider:
Mls ID: #202507221
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.