7970 Alexandra LnNewburghIN47630
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Newburgh at 7970 Alexandra Ln, Newburgh, IN, 47630 earns $620/mo cash flow from $2,330/mo rent with a $1,394/mo payment. Total monthly income totals $2,330/mo, and annual cash flow totals $7,443/yr on $94,444 capital. ROI tracks 27.79% on current figures, and rental yield reads 9.81% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 144.9% and total cumulative return in cash sums $136,847. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,330/mo property income instead of your personal income.
Single Family
Built in 2001
9,147 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,355
Single Family
16,047
Multi-Family
308
Businesses
675
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices