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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Newburgh at 101 E Jennings St, Newburgh, IN, 47630 generates $3,871/mo in rent, after a $3,915/mo payment. Total monthly income is $3,871/mo. Return on cash invested sits at 15.82% in year one, and rental yield is 5.81% on a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 80.62% and total cumulative return in cash sums $212,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,871/mo property income rather than buyer’s personal income.
Condo
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47630, Newburgh, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,362 (100%) |
| Owner Occupied HU | 12,157 (74.3%) |
| Renter Occupied HU | 3,410 (20.8%) |
| Vacant Housing Units | 795 ( 4.9%) |
| Median Home Value | $296,151 |
| Average Home Value | $354,173 |
Residential
16,355
Single Family
16,047
Multi-Family
308
Businesses
675
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mitch Schulz • Weichert Realtors-The Schulz Group
Mls Name: IRMLS
Mls ID: #202527809
