800 Katie Ln (Lot 5)New 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 800 Katie Ln (Lot 5), New Albany, IN, 47150 earns from $1,680/mo rent with a $2,643/mo payment. Total monthly income totals $1,680/mo. ROI tracks 9.51% on current figures, and rental yield reads 3.73% at a $539,900 purchase. Equity gained on principal adds $3,484/yr, and 5% annual appreciation supports $149,164 over five years. Five-year ROI reaches 46.82% and total cumulative return in cash sums $83,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,680/mo property income instead of your personal income.
Single Family
Built in 2026
5,575 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Dayna Ashley • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls ID: #202605441