3037 Barrington Ct,New Albany,IN,47150

Investment Highlights

Investment property for sale in New Albany at 3037 Barrington Ct, New Albany, IN, 47150 listed at $288,300 pairs $2,456/mo rent with a $1,411/mo payment to leave $725/mo cash flow. Total monthly income runs $2,456/mo, and annual cash flow reaches $8,706/yr on $95,571 cash to close. Return on cash invested measures 29.02% in year one, and rental yield registers 10.22% at a $288,300 basis. Equity gained on principal adds $1,860/yr, and annual property appreciation at 5% supports $79,652 by year five. Five-year ROI tracks 151.46% and total cumulative return in cash totals $144,755. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,456/mo property income relative to a $1,411/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).