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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 3679A Cora Ct, Newburgh, IN, 47630 priced at $415,000 converts $1,824/mo rent into after a $2,031/mo obligation. Total monthly income equals $1,824/mo. Return on cash invested prints 11.75% in year one, and rental yield reads 5.27% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 59.74% and total cumulative return in cash sums $82,185. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,824/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Condo
Built in 2021
N/A lot
$N/A/sqft
$268 monthly 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 |
|---|---|---|
| 2025-04-21 | Listed for sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Dana M Smith • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513722
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
