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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% |
Investment property for sale in Newburgh at 4877 Martin Rd, Newburgh, IN, 47630 listed at $265,000 pairs $1,899/mo rent with a $1,297/mo payment to leave $308/mo cash flow. Total monthly income runs $1,899/mo, and annual cash flow reaches $3,699/yr on $87,848 cash to close. Return on cash invested measures 24.12% in year one, and rental yield registers 8.6% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 125.2% and total cumulative return in cash totals $109,983. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,899/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.55 Acres 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $265,000 |
| 2021-07-23 | Sold | $184,900 |
| 2021-06-17 | Pending sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-26 | $1238.96 | 42.19% | $189,200 | 1.50% |
| 2023-04-26 | $871.32 | 33.92% | $186,400 | 31.73% |
| 2022-04-26 | $650.62 | -61.73% | $141,500 | 25.00% |
What's Special
Pull Down Stairs
Listed by: Carson Lowry • RE/MAX REVOLUTION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514462
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.
