








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 4977 Yorkridge Ct, Newburgh, IN, 47630 offers $1,414/mo rent that, after a $881/mo payment, leaves $74/mo cash flow. Total monthly income is $1,414/mo, and annual cash flow is $883/yr on $59,637 cash. Return on cash invested measures 21.39% in year one, and rental yield stands at 9.43% at a $179,900 entry. Equity gained on principal adds $1,161/yr while 5% annual appreciation compounds into $49,703 by year five. Five-year ROI records 112.48% and total cumulative return in cash reaches $67,077. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,414/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1980
0.44 Acres lot
$N/A/sqft
$260 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 |
|---|---|---|
| 2025-04-02 | Listed for sale | $179,900 |
| 2013-02-27 | Sold | $55,000 |
| 2005-08-12 | Sold | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jerrod W Eagleson • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510927
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.