2720 Hillview Dr,New Albany,IN,47150

Investment Highlights

Rental property for sale in New Albany at 2720 Hillview Dr, New Albany, IN, 47150 offers $1,626/mo rent that, after a $1,094/mo payment, leaves $284/mo cash flow. Total monthly income is $1,626/mo, and annual cash flow is $3,410/yr on $74,123 cash. Return on cash invested measures 24.51% in year one, and rental yield stands at 8.73% at a $223,600 entry. Equity gained on principal adds $1,443/yr while 5% annual appreciation compounds into $61,777 by year five. Five-year ROI records 127.33% and total cumulative return in cash reaches $94,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,626/mo property income versus a $1,094/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.