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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% |
Rental property for sale in Newburgh at 6182 Glenview Dr, Newburgh, IN, 47630 priced at $310,000 pairs $2,165/mo rent with $121/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,165/mo, and annual cash flow comes to $1,457/yr on $102,765 invested. Return on cash invested is 21.33% in year one, and rental yield stands at 8.38% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 110.99% and total cumulative return in cash reaches $114,055. For financing, Ziffy Mortgage’s DSCR program evaluates $2,165/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
$183 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 |
|---|---|---|
| 2025-09-16 | Listed for sale | $310,000 |
| 2025-08-01 | Listing removed | $320,000 |
| 2025-01-24 | Price change | $320,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-17 | $2058.38 | 5.73% | $283,500 | 1.76% |
| 2023-09-17 | $1946.84 | 17.23% | $278,600 | 11.31% |
| 2022-09-17 | $1660.70 | 7.21% | $250,300 | 20.74% |
What's Special
Pull Down Stairs
Listed by: Jerrod W Eagleson • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202537441
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.
