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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 2703 Clearstream Ct, New Albany, IN, 47150 earns from $1,740/mo rent with a $1,904/mo payment. Total monthly income totals $1,740/mo. ROI tracks 14.22% on current figures, and rental yield reads 5.37% at a $389,000 purchase. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 over five years. Five-year ROI reaches 72.15% and total cumulative return in cash sums $93,042. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.
Single Family
Built in 2020
0.33 Acres lot
$N/A/sqft
$200 annually HOA
Date | Event | Price |
|---|---|---|
| 2025-10-31 | Listed for sale | $389,000 |
| 2025-05-20 | Listing removed | $404,000 |
| 2025-02-28 | Price change | $404,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-03 | $2280.24 | -1.51% | $208,500 | -2.84% |
| 2023-11-03 | $2315.20 | -46.95% | $214,600 | -0.97% |
| 2022-11-03 | $4364.26 | 521.53% | $216,700 | 6.85% |
Listed by: Clint Novak • Semonin REALTORS
Mls Name: GLARMLS
Mls Provider:
Mls ID: #1702329
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