3322 Ashley Ct, New Albany, IN, 47150 | 5.85% Rental Yield

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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 3322 Ashley Ct, New Albany, IN, 47150 offers a 5.85% rental yield on a $344,400 purchase with $1,680/mo rent. 83% in year one. Equity gained on principal adds $2,222/yr while 5% annual appreciation supports $95,151 over five years. Portfolio math shows five-year ROI at 80.78% and total cumulative return in cash at $92,228. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,680/mo property income against a $1,686/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1971

0.36 Acres lot

$N/A/sqft

No HOA