812 Vincennes StreetNew 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 812 Vincennes Street, New Albany, IN, 47150 at $210,000 posts ROI 29.26% with $543/mo cash flow from $2,069/mo rent. Total monthly income equals $2,069/mo, and annual cash flow records $6,511/yr on $69,615 to close. Return on cash invested measures 29.26% and rental yield reads 11.82% at the current $210,000. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 by year five. Five-year ROI prints 154.42% and total cumulative return in cash totals $107,500.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,069/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
N/A lot
$N/A/sqft
$800 annually HOA
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Nearby investment properties with comparable prices
Listed by: Jennifer Phelps • RE/MAX Advantage
Mls Name: SIRA
Mls Provider:
Mls ID: #2025011571
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.