BERKSHIRE Plan, Jefferson Gardens, New Albany, IN, 47150 | $823/mo Cash Flow

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

Rental property for sale in New Albany at BERKSHIRE Plan, Jefferson Gardens, New Albany, IN, 47150 offers $2,516/mo rent that, after a $1,380/mo payment, leaves $823/mo cash flow. Total monthly income is $2,516/mo, and annual cash flow is $9,882/yr on $93,480 cash. Return on cash invested measures 30.48% in year one, and rental yield stands at 10.71% at a $281,990 entry. Equity gained on principal adds $1,820/yr while 5% annual appreciation compounds into $77,909 by year five. Five-year ROI records 159.3% and total cumulative return in cash reaches $148,917. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,516/mo property income versus a $1,380/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA