3087 White Oak TrlNewburghIN47630
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Newburgh rental at 3087 White Oak Trl, Newburgh, IN, 47630 sits in the solid-income band: 9.25% gross yield, $2,880/mo rent, $636/mo net after the $1,681/mo debt service, DSCR 1.71. Entry price of $373,800 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $103,274 and $3,443/yr in principal reduction bring total cumulative return to $182,374.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $636 | $250 |
City averages based on Newburgh market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,880 |
| Total Monthly Debt Service | $2,095 |
| DSCR Ratio | 1.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,355
Single Family
16,047
Multi-Family
308
Businesses
675
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,355
Single Family
16,047
Multi-Family
308
Businesses
675
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices