3175 Goswell Dr Lot 117NewburghIN47630
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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
Investment Highlights
Rental property for sale in Newburgh at 3175 Goswell Dr Lot 117, Newburgh, IN, 47630 generates $3,119/mo in rent and, after a $1,991/mo payment, leaves $673/mo in cash flow. Total monthly income is $3,119/mo, and annual cash flow is $8,078/yr on $134,854 invested. Return on cash invested sits at 25.9% in year one, and rental yield is 9.2% on a $406,800 entry. Equity gained on principal adds $2,625/yr, while 5% annual appreciation builds toward $112,391 over five years. Five-year ROI reaches 134.75% and total cumulative return in cash sums $181,719. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,119/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
7,874 sqft lot
$N/A/sqft
$4 monthly 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
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