1870 Sandal Way, Newburgh, IN, 47630 | $423/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1870 Sandal Way, Newburgh, IN, 47630 | $423/mo Cash Flow | Ziffy

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

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 Newburgh at 1870 Sandal Way, Newburgh, IN, 47630 earns $423/mo cash flow from $2,103/mo rent with a $1,370/mo payment. Total monthly income totals $2,103/mo, and annual cash flow totals $5,073/yr on $92,787 capital. ROI tracks 25.38% on current figures, and rental yield reads 9.02% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 131.93% and total cumulative return in cash sums $122,413. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,103/mo property income instead of your personal income.

Single Family

Built in 2011

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

New year, new home! Welcome to this beautifully upgraded 3-bed, 2-bath home in Newburgh. The spacious living room features cathedral ceilings and a large picture window that perfectly frames your peaceful lakeview. Youll love hosting in the dining room, which opens to a newly constructed covered back patio complete with a hot tub and an additional uncovered space ideal for lakeside grilling.The kitchen is fully updated with brand-new stainless steel appliances, granite countertops, under-cabinet lighting, soft-close drawers, and custom cabinetry.The master suite offers generous space with 9-foot ceilings, an upgraded bathroom, and a walk-in shower. The second full bath is equally impressive, featuring a double-sink vanity and abundant storage.The 2-car garage opens directly to the laundry room, which includes upgraded stainless steel washer and dryer units and linen cabinets. Outside, youll also find two utility sheds and sidewalk access from the garage to the fenced in backyard.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47630, Newburgh, IN area.

Housing Distribution

Housing Statistics

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