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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 5567 Abbe Wood Dr, Newburgh, IN, 47630 listed at $415,000 pairs $3,432/mo rent with a $2,031/mo payment to leave $941/mo cash flow. Total monthly income runs $3,432/mo, and annual cash flow reaches $11,292/yr on $137,573 cash to close. Return on cash invested measures 28.12% in year one, and rental yield registers 9.92% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 146.63% and total cumulative return in cash totals $201,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,432/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
8,712 sqft 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 |
|---|---|---|
| 2024-12-22 | Listing removed | $2,495 |
| 2024-11-19 | Price change | $2,495 |
| 2024-10-25 | Listed for rent | $2,577 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $17.70 | N/A | $345,200 | 28666.67% |
| 2023-10-23 | N/A | N/A | $1,200 | N/A |
Listed by: James R Sutton • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202327403
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.
