








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 4212- LOT 132 Skylar Way, New Albany, IN, 47150 offers a 6.85% rental yield on a $304,900 purchase with $1,740/mo rent. 54% in year one. Equity gained on principal adds $1,967/yr while 5% annual appreciation supports $84,238 over five years. Portfolio math shows five-year ROI at 95.43% and total cumulative return in cash at $96,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,740/mo property income against a $1,492/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$300 annually HOA
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Sold | $304,900 |
| 2025-05-23 | Price change | $304,900 |
| 2025-05-12 | Price change | $313,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lisa Morris • RE/MAX FIRST
Mls Name: SIRA
Mls Provider:
Mls ID: #2024011218
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.