314 Lone Oak DriveNew 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
Investment property for sale in New Albany at 314 Lone Oak Drive, New Albany, IN, 47150 earns $474/mo cash flow from $1,867/mo rent with a $1,136/mo payment. Total monthly income totals $1,867/mo, and annual cash flow totals $5,686/yr on $76,908 capital. ROI tracks 27.3% on current figures, and rental yield reads 9.66% at a $232,000 purchase. Equity gained on principal adds $1,497/yr, and 5% annual appreciation supports $64,097 over five years. Five-year ROI reaches 142.24% and total cumulative return in cash sums $109,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,867/mo property income instead of your personal income.
Single Family
Built in 1955
0.40 Acres lot
$N/A/sqft
No HOA
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Listed by: Sandra Posey • RE/MAX FIRST
Mls Name: SIRA
Mls ID: #202605682