3059 Bridlewood Lane Lot 216, New Albany, IN, 47150 | $357/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Albany at 3059 Bridlewood Lane Lot 216, New Albany, IN, 47150 earns $357/mo cash flow from $3,298/mo rent with a $2,398/mo payment. Total monthly income totals $3,298/mo, and annual cash flow totals $4,284/yr on $162,402 capital. ROI tracks 22.55% on current figures, and rental yield reads 8.08% at a $489,900 purchase. Equity gained on principal adds $3,161/yr, and 5% annual appreciation supports $135,350 over five years. Five-year ROI reaches 116.77% and total cumulative return in cash sums $189,641. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,298/mo property income instead of your personal income.

Single Family

Built in 2025

10,193 sqft lot

$N/A/sqft

No HOA