709 E Market Street, New Albany, IN, 47150 | $580/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Albany at 709 E Market Street, New Albany, IN, 47150 earns $580/mo cash flow from $2,920/mo rent with a $1,908/mo payment. Total monthly income totals $2,920/mo, and annual cash flow totals $6,958/yr on $129,252 capital. ROI tracks 25.29% on current figures, and rental yield reads 8.99% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 131.46% and total cumulative return in cash sums $169,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,920/mo property income instead of your personal income.

Single Family

Built in 1929

4,878 sqft lot

$N/A/sqft

No HOA