612 E Daisy Lane, New Albany, IN, 47150 | $141/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

612 E Daisy Lane, New Albany, IN, 47150 | $141/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1233 sft

9217 Cavalcade Ave, Louisville, KY, 40272

3 Bed
1 Bath
1056 sft

10204 Dalby Road, Georgetown, IN, 47122

4 Bed
3 Bath
2600 sft

6015 Addison Springs Court, Georgetown, IN, 47122

3 Bed
2 Bath
1705 sft

7112 Denver Ln, Louisville, KY, 40258

Nearby investment properties with comparable prices

4 Bed
2 Bath
1752 sft

226 Sloemer Avenue, New Albany, IN, 47150

3 Bed
2 Bath
1482 sft

4925 Corydon Ramsey Road NW, Corydon, IN, 47112

3 Bed
3 Bath
1904 sft

8003 Maple Grove Drive, Georgetown, IN, 47122

3 Bed
2 Bath
1413 sft

7002 - LOT 918 Mitsch Lane, Georgetown, IN, 47122

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 612 E Daisy Lane, New Albany, IN, 47150 earns $141/mo cash flow from $1,924/mo rent with a $1,454/mo payment. Total monthly income totals $1,924/mo, and annual cash flow totals $1,690/yr on $98,456 capital. ROI tracks 21.63% on current figures, and rental yield reads 7.77% at a $297,000 purchase. Equity gained on principal adds $1,916/yr, and 5% annual appreciation supports $82,056 over five years. Five-year ROI reaches 111.8% and total cumulative return in cash sums $110,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,924/mo property income instead of your personal income.

Single Family

Built in 1950

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Located in a well-established New Albany neighborhood, 612 E Daisy Lane presents a rare combination of space, thoughtful updates, and everyday convenience. Offering 2,300 square feet, this 3-bedroom, 3-bath residence features a versatile 1.5-story floor plan with a full basement, allowing for multiple living and entertaining options to suit a variety of needs. The home has benefited from significant improvements, with major updates completed in 2023, including a new roof, sump pump, and a complete package of new kitchen appliancesrefrigerator, stove, range, and microwave. Interior enhancements include new luxury vinyl flooring that provides both durability and a modern aesthetic, as well as the addition of a tankless water heater and an HVAC humidifier, improving efficiency and year-round comfort. The basement has been further upgraded with the addition of a new half bath, expanding its functionality for recreation, guests, or work-from-home space. The property features a generously sized yard offering ample room for outdoor enjoyment, gardening, or entertaining, while maintaining manageable upkeep. A newly added driveway turnaround and expanded parking area enhance accessibility and provide practical off-street parkingan added benefit for homeowners and guests alike. Ideally positioned near schools, shopping, dining, and everyday amenities, this home delivers both convenience and long-term value.