719 E Elm St, New Albany, IN, 47150 | $673/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 719 E Elm St, New Albany, IN, 47150 with 5% annual appreciation on a $250,000 basis while $2,174/mo rent supports operations. Total monthly income totals $2,174/mo and a $1,224/mo payment preserves $673/mo for cash returns. Annual cash flow comes to $8,075/yr on $82,875 deployed, and return on cash invested reaches 29.65% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 10.44%. Five-year ROI measures 154.84% and total cumulative return in cash totals $128,326.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,174/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1929

7,187 sqft lot

$N/A/sqft

No HOA