629 Knob Hill RdNew AlbanyIN47150
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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
Investment Highlights
Investment property for sale in New Albany at 629 Knob Hill Rd, New Albany, IN, 47150 at $212,300 posts ROI 26.6% with $393/mo cash flow from $1,681/mo rent. Total monthly income equals $1,681/mo, and annual cash flow records $4,711/yr on $70,377 to close. Return on cash invested measures 26.6% and rental yield reads 9.5% at the current $212,300. Equity gained on principal adds $1,370/yr, and 5% annual appreciation supports $58,655 by year five. Five-year ROI prints 138.61% and total cumulative return in cash totals $97,554.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,681/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
7,492 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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