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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% |
Investment property for sale in Newburgh at 1844 Fuquay Rd, Newburgh, IN, 47630 earns from $1,282/mo rent with a $1,493/mo payment. Total monthly income totals $1,282/mo. ROI tracks 13.13% on current figures, and rental yield reads 5.04% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 66.33% and total cumulative return in cash sums $67,066. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,282/mo property income instead of your personal income.
Single Family
Built in 1953
2.15 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 |
|---|---|---|---|---|
| 2024-07-14 | $2795.40 | 7.89% | $185,200 | -1.44% |
| 2023-07-14 | $2591.00 | 133.47% | $187,900 | 5.80% |
| 2022-07-14 | $1109.80 | -48.01% | $177,600 | 24.98% |
Listed by: Anita Corne • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202527002
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.
