802 Katie Ln (Lot 6), New Albany, IN, 47150 | 4.64% Rental Yield

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 802 Katie Ln (Lot 6), New Albany, IN, 47150 earns from $1,740/mo rent with a $2,202/mo payment. Total monthly income totals $1,740/mo. ROI tracks 12.18% on current figures, and rental yield reads 4.64% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 61.16% and total cumulative return in cash sums $91,222. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.

Single Family

Built in 2026

4,138 sqft lot

$N/A/sqft

No HOA