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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Albany at 3613 Linnert Way, New Albany, IN, 47150 listed at $374,900 pairs $1,740/mo rent with a $1,835/mo payment. Total monthly income runs $1,740/mo. Return on cash invested measures 14.68% in year one, and rental yield registers 5.57% at a $374,900 basis. Equity gained on principal adds $2,419/yr, and annual property appreciation at 5% supports $103,578 by year five. Five-year ROI tracks 74.68% and total cumulative return in cash totals $92,815. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,740/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
$375 annually HOA
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Price change | $374,900 |
| 2025-04-16 | Price change | $374,000 |
| 2025-02-13 | Price change | $389,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Victoria Johns • Green Tree Real Estate Services
Mls Name: SIRA
Mls Provider:
Mls ID: #202508200
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.
