710 Victoria Court,New Albany,IN,47150

Investment Highlights

Rental property for sale in New Albany at 710 Victoria Court, New Albany, IN, 47150 offers $1,182/mo rent that, after a $636/mo payment, leaves $402/mo cash flow. Total monthly income is $1,182/mo, and annual cash flow is $4,824/yr on $43,062 cash. Return on cash invested measures 31.11% in year one, and rental yield stands at 10.92% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 162.79% and total cumulative return in cash reaches $70,099. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,182/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.