5453 E McCarthy Knob Road,New Albany,IN,47150

Investment Highlights

Investment property for sale in New Albany at 5453 E McCarthy Knob Road, New Albany, IN, 47150 offers a 7.56% rental yield on a $260,000 purchase with $1,638/mo rent. Total monthly income registers $1,638/mo, and a $1,273/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $922/yr on $86,190 to close, and return on cash invested stands at 20.98% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 108.34% and total cumulative return in cash at $93,377. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,638/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.