Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1611 Hills Rd, Newburgh, IN, 47630 uses $89,472 cash to close to unlock $7,894/yr annual cash flow and $658/mo monthly cash flow. Total monthly income runs $2,278/mo, and a $1,321/mo payment keeps the spread at $658/mo. Purchase price stands at $269,900, and rental yield measures 10.13% with $2,278/mo rent. Return on cash invested shows 28.73% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 149.91% and total cumulative return in cash records $134,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,278/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Manufactured
Built in 2020
0.61 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Chris Harney • Keller Williams Elite
Mls Name: IRMLS
Mls ID: #202544962
