3090 Bridlewood Lane Lot 314New 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
Rental property for sale in New Albany at 3090 Bridlewood Lane Lot 314, New Albany, IN, 47150 generates $1,680/mo in rent, after a $2,153/mo payment. Total monthly income is $1,680/mo. Return on cash invested sits at 12% in year one, and rental yield is 4.58% on a $439,900 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,536 over five years. Five-year ROI reaches 60.23% and total cumulative return in cash sums $87,831. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
8,276 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Angie Buchanan • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls ID: #202605345