Verona Plan, The Courtyards at Morse Circle, New Albany, OH, 43054 | $887/mo Cash Flow

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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 Verona Plan, The Courtyards at Morse Circle, New Albany, OH, 43054 with 5% annual appreciation on a $598,900 basis while $5,070/mo rent supports operations. Total monthly income totals $5,070/mo and a $2,931/mo payment preserves $887/mo for cash returns. Annual cash flow comes to $10,642/yr on $197,038 deployed, and return on cash invested reaches 25.46% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,465 alongside rental yield of 10.16%. Five-year ROI measures 133.63% and total cumulative return in cash totals $263,294.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,070/mo property income versus a $2,931/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2024

N/A lot

$N/A/sqft

$244 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 43054, New Albany, OH area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,364 (100%)
Owner Occupied HU	7,396 (59.8%)
Renter Occupied HU	4,217 (34.1%)
Vacant Housing Units	751 ( 6.1%)
Median Home Value	$481,906
Average Home Value	$586,729