




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 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).
Single Family
Built in 2003
5,009 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-10-01 | Listing removed | $290,000 |
| 2025-09-20 | Price change | $290,000 |
| 2025-09-11 | Listed for sale | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $1273.50 | -3.10% | $181,100 | -4.18% |
| 2023-10-13 | $1314.28 | 8.59% | $189,000 | 0.69% |
| 2022-10-13 | $1210.28 | 1.95% | $187,700 | 7.75% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A