8160 Wyntree Villas DrNewburghIN47630
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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
Investment Highlights
Rental property for sale in Newburgh at 8160 Wyntree Villas Dr, Newburgh, IN, 47630 priced at $235,000 converts $2,239/mo rent into $370/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,239/mo, and annual cash flow totals $4,443/yr on $77,903 invested. Return on cash invested prints 25.61% in year one, and rental yield reads 11.43% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 135.76% and total cumulative return in cash sums $105,760. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,239/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$350 monthly 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
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Listed by: Mitch Schulz • Weichert Realtors-The Schulz Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202504279
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.