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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% |
Rental property for sale in New Albany at 3904 Windsor Creek Drive, New Albany, IN, 47150 priced at $322,900 converts $1,740/mo rent into after a $1,580/mo obligation. Total monthly income equals $1,740/mo. Return on cash invested prints 17.6% in year one, and rental yield reads 6.47% against a $322,900 entry. Equity gained on principal adds $2,084/yr, while 5% annual appreciation compiles into $89,211 by year five. Five-year ROI reaches 90.24% and total cumulative return in cash sums $96,590. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,740/mo property income covering a $1,580/mo payment, not borrower’s personal income.
Single Family
Built in 2020
5,009 sqft lot
$N/A/sqft
$100 annually HOA
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Sold | $322,900 |
| 2025-01-22 | Price change | $324,900 |
| 2024-10-21 | Price change | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bobby Bass • Bass Group Real Estate
Mls Name: SIRA
Mls Provider:
Mls ID: #2024010213
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.
