3002 Lone Wolf CourtNew AlbanyIN47150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in New Albany at 3002 Lone Wolf Court, New Albany, IN, 47150 offers $2,974/mo rent that, after a $3,079/mo payment. Total monthly income is $2,974/mo. Return on cash invested measures 15.12% in year one, and rental yield stands at 5.67% at a $629,000 entry. Equity gained on principal adds $4,059/yr while 5% annual appreciation compounds into $173,781 by year five. Five-year ROI records 76.98% and total cumulative return in cash reaches $159,297. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,974/mo property income versus a $3,079/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.58 Acres lot
$N/A/sqft
$600 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesse Niehaus • Semonin REALTORS
Mls Name: SIRA
Mls Provider:
Mls ID: #202507279
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.