








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Newburgh at 10199 Outer Lincoln Ave, Newburgh, IN, 47630 uses $103,428 cash to close to unlock $7,046/yr annual cash flow and $587/mo monthly cash flow. Total monthly income runs $2,460/mo, and a $1,527/mo payment keeps the spread at $587/mo. Purchase price stands at $312,000, and rental yield measures 9.46% with $2,460/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $86,200 over five years. Five-year ROI reaches 139.16% and total cumulative return in cash records $143,927. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,460/mo property income covering a $1,527/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.44 Acres 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 |
|---|---|---|
| 2025-09-12 | Sold | $312,000 |
| 2025-08-25 | Pending sale | $325,000 |
| 2025-07-26 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Walk-up
Listed by: James R Sutton • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202529414
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.