4864 Alaina Dr LOT 3NewburghIN47630
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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 4864 Alaina Dr LOT 3, Newburgh, IN, 47630 generates $2,460/mo in rent and, after a $1,874/mo payment, leaves $158/mo in cash flow. Total monthly income is $2,460/mo, and annual cash flow is $1,893/yr on $126,898 invested. Return on cash invested sits at 21.4% in year one, and rental yield is 7.71% on a $382,800 entry. Equity gained on principal adds $2,470/yr, while 5% annual appreciation builds toward $105,761 over five years. Five-year ROI reaches 110.6% and total cumulative return in cash sums $140,356. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,460/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
8,990 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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