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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 7622 Edgedale Dr, Newburgh, IN, 47630 earns $6/mo cash flow from $2,557/mo rent with a $2,080/mo payment. Total monthly income totals $2,557/mo, and annual cash flow totals $72/yr on $140,888 capital. ROI tracks 19.96% on current figures, and rental yield reads 7.22% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 102.85% and total cumulative return in cash sums $144,905. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,557/mo property income instead of your personal income.
Single Family
Built in 1977
0.53 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 |
|---|---|---|
| 2025-04-17 | Price change | $425,000 |
| 2025-03-29 | Listed for sale | $415,000 |
| 2025-03-27 | Pending sale | $415,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | $2180.36 | -9.23% | $297,700 | 2.58% |
| 2023-04-19 | $2402.16 | 12.78% | $290,200 | -3.62% |
| 2022-04-19 | $2130.04 | 6.30% | $301,100 | 17.34% |
What's Special
Storage
Listed by: Marc Hoeppner • @properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513306
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.
