PINE Plan, Koehler Woods,New Albany,IN,47150

Investment Highlights

Rental property for sale in New Albany at PINE Plan, Koehler Woods, New Albany, IN, 47150 offers $1,680/mo rent that, after a $1,487/mo payment. Total monthly income is $1,680/mo. Return on cash invested measures 18.2% in year one, and rental yield stands at 6.63% at a $303,900 entry. Equity gained on principal adds $1,961/yr while 5% annual appreciation compounds into $83,962 by year five. Five-year ROI records 93.46% and total cumulative return in cash reaches $94,152. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,680/mo property income versus a $1,487/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.