916 Korb Avenue, New Albany, IN, 47150 | $504/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
1 Bath
1536 sft

1763 N Audubon Drive, New Albany, IN, 47150

2 Bed
2 Bath
955 sft

6715 Gunston Ln #H14, Prospect, KY, 40059

2 Bed
1 Bath
1492 sft

1319 Larchmont Ave, Louisville, KY, 40215

2 Bed
1 Bath
674 sft

1003 Hathaway Ave, Louisville, KY, 40215

Nearby investment properties with comparable prices

1 Bed
1 Bath
843 sft

8127 Lake Ave #8, Louisville, KY, 40222

2 Bed
1 Bath
714 sft

4116 Stoneview Dr APT 1, Louisville, KY, 40207

- Bed
- Bath
- sft

6614 Putman St, Louisville, KY, 40216

4 Bed
1 Bath
1904 sft

212 High Street, Charlestown, IN, 47111

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Albany at 916 Korb Avenue, New Albany, IN, 47150 earns $504/mo cash flow from $1,495/mo rent with a $808/mo payment. Total monthly income totals $1,495/mo, and annual cash flow totals $6,049/yr on $54,698 capital. ROI tracks 30.97% on current figures, and rental yield reads 10.87% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 162% and total cumulative return in cash sums $88,607. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,495/mo property income instead of your personal income.

Single Family

Built in 1935

2,657 sqft lot

$N/A/sqft

No HOA