3115 Honeysuckle Ct, New Albany, IN, 47150 | $696/mo Cash Flow

Off market

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 3115 Honeysuckle Ct, New Albany, IN, 47150 with 5% annual appreciation on a $334,100 basis while $2,701/mo rent supports operations. Total monthly income totals $2,701/mo and a $1,635/mo payment preserves $696/mo for cash returns. Annual cash flow comes to $8,348/yr on $110,754 deployed, and return on cash invested reaches 27.45% in year one. Equity gained on principal adds $2,156/yr, and five-year appreciation sums $92,306 alongside rental yield of 9.7%. Five-year ROI measures 143.02% and total cumulative return in cash totals $158,402.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,701/mo property income versus a $1,635/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2001

0.39 Acres lot

$N/A/sqft

No HOA