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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Albany at 2534 Charlestown Road UNIT 13, New Albany, IN, 47150 listed at $230,000 pairs $1,592/mo rent with a $1,126/mo payment to leave $43/mo cash flow. Total monthly income runs $1,592/mo, and annual cash flow reaches $517/yr on $76,245 cash to close. Return on cash invested measures 20.59% in year one, and rental yield registers 8.31% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 107.25% and total cumulative return in cash totals $81,775. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,592/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
2,047 sqft lot
$N/A/sqft
$168 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-06-05 | Price change | $230,000 |
| 2025-05-17 | Listed for sale | $247,000 |
| 2017-09-14 | Sold | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-06 | $1138.96 | -6.73% | $114,100 | -3.22% |
| 2023-06-06 | $1221.08 | -49.51% | $117,900 | -2.08% |
| 2022-06-06 | $2418.58 | 121.49% | $120,400 | 6.93% |
Listed by: Alex Meredith • Lopp Real Estate Brokers
Mls Name: SIRA
Mls Provider:
Mls ID: #202508539
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.
