321 E 13th Street,New Albany,IN,47150

Investment Highlights

Investment property for sale in New Albany at 321 E 13th Street, New Albany, IN, 47150 listed at $135,000 pairs $1,031/mo rent with a $661/mo payment to leave $220/mo cash flow. Total monthly income runs $1,031/mo, and annual cash flow reaches $2,644/yr on $44,753 cash to close. Return on cash invested measures 25.82% in year one, and rental yield registers 9.16% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 134.34% and total cumulative return in cash totals $60,121. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,031/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).