3810 Wayne St, New Albany, IN, 47150 | $294/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 3810 Wayne St, New Albany, IN, 47150 earns $294/mo cash flow from $1,345/mo rent with a $857/mo payment. Total monthly income totals $1,345/mo, and annual cash flow totals $3,528/yr on $58,013 capital. ROI tracks 25.99% on current figures, and rental yield reads 9.22% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 135.29% and total cumulative return in cash sums $78,487. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,345/mo property income instead of your personal income.

Single Family

Built in 1995

0.29 Acres lot

$N/A/sqft

No HOA