3152 Corydon Pike, New Albany, IN, 47150 | 2.89% Rental Yield

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 3152 Corydon Pike, New Albany, IN, 47150 earns from $1,894/mo rent with a $3,855/mo payment. Total monthly income totals $1,894/mo. ROI tracks 6.94% on current figures, and rental yield reads 2.89% at a $787,600 purchase. Equity gained on principal adds $5,082/yr, and 5% annual appreciation supports $217,599 over five years. Five-year ROI reaches 33.01% and total cumulative return in cash sums $85,527. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,894/mo property income instead of your personal income.

Single Family

Built in 1949

92.56 Acres lot

$N/A/sqft

No HOA