3738 Gap Hollow Road, New Albany, IN, 47150 | $190/mo Cash Flow

For Sale

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 3738 Gap Hollow Road, New Albany, IN, 47150 earns $190/mo cash flow from $880/mo rent with a $563/mo payment. Total monthly income totals $880/mo, and annual cash flow totals $2,274/yr on $38,123 capital. ROI tracks 25.88% on current figures, and rental yield reads 9.18% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 134.69% and total cumulative return in cash sums $51,345. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $880/mo property income instead of your personal income.

Manufactured

Built in 1997

0.69 Acres lot

$N/A/sqft

No HOA