3021 Grace Marie WayNew 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 3021 Grace Marie Way, New Albany, IN, 47150 listed at $330,760 pairs $1,680/mo rent with a $1,619/mo payment. Total monthly income runs $1,680/mo. Return on cash invested measures 16.56% in year one, and rental yield registers 6.1% at a $330,760 basis. Equity gained on principal adds $2,134/yr, and annual property appreciation at 5% supports $91,383 by year five. Five-year ROI tracks 84.69% and total cumulative return in cash totals $92,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,680/mo property income relative to a $1,619/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
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Listed by: Marie D Edwards • HMS Real Estate, LLC
Mls Name: SIRA
Mls Provider:
Mls ID: #202509556
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.