6000 Glen Oak Ct, Newburgh, IN, 47630 | $258/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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6000 Glen Oak Ct, Newburgh, IN, 47630 | $258/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

Investment property for sale in Newburgh at 6000 Glen Oak Ct, Newburgh, IN, 47630 uses $122,324 cash to close to unlock $3,096/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $2,473/mo, and a $1,806/mo payment keeps the spread at $258/mo. Purchase price stands at $369,000, and rental yield measures 8.04% with $2,473/mo rent. Return on cash invested shows 22.44% in year one, and 5% annual appreciation builds toward $101,948 over five years. Five-year ROI reaches 116.21% and total cumulative return in cash records $142,155. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,473/mo property income covering a $1,806/mo payment rather than investor’s personal income.

Single Family

Built in 2009

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Step inside this beautiful one-level brick home in the highly desired Castle School District. Featuring a spacious open floor plan, the large living room flows seamlessly into the dining area and kitchen, perfect for both everyday living and entertaining. A versatile additional room offers endless optionsideal for a home office, hobby room, or extra living space. Enjoy year-round comfort in the enclosed porch, or step outside to the covered porch with a convenient gas hookup, perfect for grilling and relaxing. The primary suite is a true retreat with a tray ceiling, private bath showcasing a tile walk-in shower, two walk-in closets, garden tub, and private water closet. Two additional bedrooms share a large bath, and the home also includes a main-level laundry room. Attractive hard surface flooring adds warmth and durability throughout. The attached two-car garage includes a storage closet, and the mature trees on the lot provide natural beauty and shade. Located just minutes from shopping, dining, and everyday conveniences, this home blends comfort, functionality, and locationready for its next owner to enjoy!

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