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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 2150 Chadwick Dr, Newburgh, IN, 47630 earns from $2,460/mo rent with a $3,822/mo payment. Total monthly income totals $2,460/mo. ROI tracks 9.66% on current figures, and rental yield reads 3.78% at a $780,900 purchase. Equity gained on principal adds $5,039/yr, and 5% annual appreciation supports $215,748 over five years. Five-year ROI reaches 47.58% and total cumulative return in cash sums $122,243. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,460/mo property income instead of your personal income.
Single Family
Built in 2018
0.29 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 |
|---|---|---|
| 2019-04-19 | Sold | $524,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-03 | $5587.96 | 6.85% | $739,400 | 10.31% |
| 2023-09-03 | $5229.64 | 10.85% | $670,300 | 11.51% |
| 2022-09-03 | $4717.96 | 5.71% | $601,100 | 17.70% |
What's Special
Storage,Walk-up
Listed by: Tim Ferguson • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202535200
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.
