








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 8599 Pebble Creek Dr, Newburgh, IN, 47630 listed at $264,900 pairs $2,156/mo rent with a $1,297/mo payment to leave $565/mo cash flow. Total monthly income runs $2,156/mo, and annual cash flow reaches $6,785/yr on $87,814 cash to close. Return on cash invested measures 27.64% in year one, and rental yield registers 9.77% at a $264,900 basis. Equity gained on principal adds $1,709/yr, and annual property appreciation at 5% supports $73,187 by year five. Five-year ROI tracks 144.05% and total cumulative return in cash totals $126,500. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,156/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2020
4,356 sqft 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $264,900 |
| 2020-12-28 | Sold | $200,000 |
| 2020-10-20 | Listed for sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $1507.64 | 1.85% | $237,800 | 9.64% |
| 2023-06-02 | $1480.28 | 10.35% | $216,900 | 7.86% |
| 2022-06-02 | $1341.44 | N/A | $201,100 | 14.20% |



Listed by: Melanie Quates • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520335
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.