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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% |
Rental property for sale in Newburgh at 3466 Eastbrooke Ct, Newburgh, IN, 47630 generates $2,634/mo in rent and, after a $2,051/mo payment, leaves $119/mo in cash flow. Total monthly income is $2,634/mo, and annual cash flow is $1,424/yr on $138,882 invested. Return on cash invested sits at 20.93% in year one, and rental yield is 7.54% on a $418,950 entry. Equity gained on principal adds $2,703/yr, while 5% annual appreciation builds toward $115,748 over five years. Five-year ROI reaches 108.1% and total cumulative return in cash sums $150,133. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,634/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
10,454 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kindra Hirt • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls ID: #202549107
