2388 Crosswalk Ln, Newburgh, IN, 47630 | $786/mo Cash Flow

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Price: $300K - 500K

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2388 Crosswalk Ln, Newburgh, IN, 47630 | $786/mo Cash Flow | Ziffy

For Sale

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 2388 Crosswalk Ln, Newburgh, IN, 47630 earns $786/mo cash flow from $3,547/mo rent with a $2,251/mo payment. Total monthly income totals $3,547/mo, and annual cash flow totals $9,435/yr on $152,457 capital. ROI tracks 26.1% on current figures, and rental yield reads 9.26% at a $459,900 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,062 over five years. Five-year ROI reaches 135.8% and total cumulative return in cash sums $207,042. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,547/mo property income instead of your personal income.

Single Family

Built in 1997

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Love where you live! This beautifully reimagined 5 bedroom, 3 bath home in Lakeridge Crossing blends timeless elegance with modern sophistication. A covered porch and striking double entry doors open to a grand living room with a gas log fireplace and a welcoming sitting area just off the entry. The main level was thoughtfully redesigned to create an exceptional flow, connecting each space with style and purpose. The updated kitchen showcases crown topped cabinetry, gleaming counters, and a spacious island with seating, while the adjoining dining room opens to an outdoor retreat. Here, youll find an expansive patio designed for entertaining, complete with space for al fresco dining, a hot tub beneath a pergola, and a large backyard with room for recreation. The main level also offers a new full bath with built in storage and a versatile bedroom off the entryway, ideal for guests or a home office. Upstairs, a refined family room with built in electric fireplace and cabinetry adds a touch of warmth and luxury. The primary suite features a full bath with twin sink vanity, jetted tub, separate shower, and a spacious walk-in closet. Three large bedrooms and a full bath complete the upper level, each designed to offer comfort and style. A 2-car attached garage rounds out this impressive residence. As part of the Lakeridge Crossing community, youll also enjoy access to exceptional amenities, including a clubhouse, swimming pool, tennis courts, and multiple lakes that enhance the neighborhood setting.

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