2833 Terri Ln, Newburgh, IN, 47630 | $201/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2833 Terri Ln, Newburgh, IN, 47630 | $201/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 2833 Terri Ln, Newburgh, IN, 47630 offers a 8.27% rental yield on a $225,000 purchase with $1,551/mo rent. Total monthly income registers $1,551/mo, and a $1,101/mo payment leaves $201/mo available for distribution. Annual cash flow reaches $2,407/yr on $74,588 to close, and return on cash invested stands at 23.14% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 119.92% and total cumulative return in cash at $89,445. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,551/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1984

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming Brick Ranch in Newburgh! Welcome to this 3-bedroom, 1.5-bath home offering both comfort and functionality in a desirable location. From the moment you arrive, the inviting curb appealcomplete with a cheerful teal front door, tidy landscaping, and a shady front yardsets the tone for this delightful property. Inside, find a bright, welcoming living room featuring a stylish accent wall, large windows for natural light, and durable flooring that flows seamlessly into other living spaces. The spacious kitchen boasts an abundance of cabinetry, plenty of counter space, and a convenient dining area perfect for everyday meals or entertaining friends. The bedrooms offer cozy retreats, each with generous closet space, while the full bath and half bath provide convenience for busy mornings. A bonus room showcases vibrant, playful colorsideal for a game room, hobby space, or home gym. Out back, youll love the fully fenced yard, perfect for pets, play, or weekend barbecues. There is Plenty of space for gardening or outdoor fun. Located just minutes from all that Newburgh has to offer, this home blends charm, practicality, and location.

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