4824 Alaina Dr LOT 77, Newburgh, IN, 47630 | $320/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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4824 Alaina Dr LOT 77, Newburgh, IN, 47630 | $320/mo Cash Flow | 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 4824 Alaina Dr LOT 77, Newburgh, IN, 47630 generates $2,340/mo in rent and, after a $1,644/mo payment, leaves $320/mo in cash flow. Total monthly income is $2,340/mo, and annual cash flow is $3,838/yr on $111,318 invested. Return on cash invested sits at 23.36% in year one, and rental yield is 8.36% on a $335,800 entry. Equity gained on principal adds $2,167/yr, while 5% annual appreciation builds toward $92,775 over five years. Five-year ROI reaches 121.1% and total cumulative return in cash sums $134,804. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,340/mo property income rather than buyer’s personal income.

Single Family

Built in 2024

4,600 sqft lot

$N/A/sqft

$4 monthly HOA

More details about the property

As you step into the foyer of this Artisan Series plan, you'll immediately notice the home's spacious and inviting open design. The roomy and comfortable family room flows seamlessly into the dining area and kitchen. The kitchen boasts a large island, a walk-in pantry, and plenty of countertop space, and includes granite countertops, a tile backsplash, and a stainless steel appliance package with a gas range. On the first floor, you'll also find convenient storage space, a laundry room, a powder room, and an attached two-car garage. On the second floor, you'll discover a cozy owner suite with an ensuite bath, including a double bowl vanity and a walk-in closet. There are two additional bedrooms, each with abundant closet space, and a second full bath to round out the second floor. RevWood Select Granbury Oak flooring is throughout the main living areas and ceramic tile is installed in the wet areas. Jagoe TechSmart components are included. You'll love this EnergySmart home!

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