97 Galt St, New Albany, IN, 47150 | $464/mo Cash Flow

Off market

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 97 Galt St, New Albany, IN, 47150 at $146,600 posts ROI 31.35% with $464/mo cash flow from $1,344/mo rent. Total monthly income equals $1,344/mo, and annual cash flow records $5,562/yr on $48,598 to close. Return on cash invested measures 31.35% and rental yield reads 11% at the current $146,600. Equity gained on principal adds $946/yr, and 5% annual appreciation supports $40,503 by year five. Five-year ROI prints 164.02% and total cumulative return in cash totals $79,710.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,344/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1929

2,962 sqft lot

$N/A/sqft

No HOA