3807 Franklin Street, New Albany, IN, 47150 | $396/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 3807 Franklin Street, New Albany, IN, 47150 uses $56,355 cash to close to unlock $4,747/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $1,416/mo, and a $832/mo payment keeps the spread at $396/mo. Purchase price stands at $170,000, and rental yield measures 10% with $1,416/mo rent. Return on cash invested shows 28.33% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 147.81% and total cumulative return in cash records $83,301. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,416/mo property income covering a $832/mo payment rather than investor’s personal income.

Single Family

Built in 1982

0.29 Acres lot

$N/A/sqft

No HOA