








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 3812 Davis Drive, New Albany, IN, 47150 at $325,000 posts ROI 29.01% with $817/mo cash flow from $2,768/mo rent. Total monthly income equals $2,768/mo, and annual cash flow records $9,801/yr on $107,738 to close. Return on cash invested measures 29.01% and rental yield reads 10.22% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 151.38% and total cumulative return in cash totals $163,093.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,768/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
4,922 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $325,000 |
| 2022-06-28 | Sold | $275,000 |
| 2020-07-15 | Sold | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $2005.08 | 3.88% | $273,500 | 1.30% |
| 2023-03-28 | $1930.10 | -47.48% | $270,000 | 6.97% |
| 2022-03-28 | $3675.20 | 114.66% | $252,400 | 9.93% |



Listed by: Jessica Gooch • Homepage Realty
Mls Name: SIRA
Mls Provider:
Mls ID: #202506755
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.