4105 Stone Place, New Albany, IN, 47150 | $336/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1237 sft

5608 Halstead Ave, Louisville, KY, 40213

3 Bed
1 Bath
1740 sft

5604 Maco Ln, Louisville, KY, 40219

3 Bed
2 Bath
1985 sft

8296 Terry Rd, Louisville, KY, 40258

3 Bed
1 Bath
1300 sft

5529 Cartledge Ct, Louisville, KY, 40214

Nearby investment properties with comparable prices

3 Bed
2 Bath
1416 sft

1219 Poplar Trace Way, Corydon, IN, 47112

3 Bed
2 Bath
1332 sft

126 Herbert Drive, Charlestown, IN, 47111

3 Bed
2 Bath
1141 sft

11414 Kendrick Dr, Louisville, KY, 40241

3 Bed
2 Bath
2148 sft

404 E Terrace Heights, Jeffersonville, IN, 47130

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Albany at 4105 Stone Place, New Albany, IN, 47150 uses $99,284 cash to close to unlock $4,033/yr annual cash flow and $336/mo monthly cash flow. Total monthly income runs $2,134/mo, and a $1,466/mo payment keeps the spread at $336/mo. Purchase price stands at $299,500, and rental yield measures 8.55% with $2,134/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $82,746 over five years. Five-year ROI reaches 124.43% and total cumulative return in cash records $123,539. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,134/mo property income covering a $1,466/mo payment rather than investor’s personal income.

Single Family

Built in 1983

0.26 Acres lot

$N/A/sqft

No HOA