4366 Lenn Rd, Newburgh, IN, 47630 | 7.2% Rental Yield

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4366 Lenn Rd, Newburgh, IN, 47630 | 7.2% Rental Yield | 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

Rental property for sale in Newburgh at 4366 Lenn Rd, Newburgh, IN, 47630 priced at $445,000 pairs $2,670/mo rent with after a $2,178/mo payment. Total monthly income equals $2,670/mo. Return on cash invested is 19.9% in year one, and rental yield stands at 7.2% on a $445,000 basis. Equity gained on principal adds $2,872/yr, and 5% annual appreciation accumulates to $122,945 by year five. Five-year ROI measures 102.53% and total cumulative return in cash reaches $151,256. For financing, Ziffy Mortgage’s DSCR program evaluates $2,670/mo property income against a $2,178/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1853

1.47 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this stunning, completely updated historic home in Newburgh, Indiana. Built in 1853 and thoughtfully restored, this stunner blends timeless character with modern comforts. Offering just over 4,000 square feet of living space, the home features 5 spacious bedrooms and 3.5 beautiful bathrooms. Recent big-ticket improvements include a new roof and gutters, new floors, and fresh paint throughout the interior and exterior. The heart of the home is the updated kitchen, featuring new cabinets, a farmhouse sink and faucet, and a large center island thats perfect for gathering and entertaining. The dining room adds elegance with beautiful crown molding and recessed lighting, creating the perfect ambience for family dinners or entertaining guests. The main living area showcases a gorgeous fireplace and plenty of natural light. Endless opportunities await with a private mother-in-law suite that includes its own kitchen and living areaideal for extended family, guests, or multi-generational living. A huge attached 3-car garage with a durable epoxy floor and a large workshop provides exceptional convenience and functionality. Set on 1.47 sprawling acres, this property offers abundant storage, outdoor possibilities, and the perfect mix of history and comfort. Best of all, youre just minutes from shopping, schools, and your favorite restaurantsgiving you all the joys of country living, right in town. Dont miss the opportunity to own a piece of Newburghs history brought back to its full glory.

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