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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 8607 Pebble Creek Dr, Newburgh, IN, 47630 with 5% annual appreciation on a $245,000 basis while $2,222/mo rent supports operations. Total monthly income totals $2,222/mo and a $1,199/mo payment preserves $684/mo for cash returns. Annual cash flow comes to $8,211/yr on $81,218 deployed, and return on cash invested reaches 30.02% in year one. Equity gained on principal adds $1,581/yr, and five-year appreciation sums $67,689 alongside rental yield of 10.88%. Five-year ROI measures 157.22% and total cumulative return in cash totals $127,692.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,222/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2023
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 |
|---|---|---|
| 2025-05-29 | Sold | $245,000 |
| 2025-04-29 | Pending sale | $276,500 |
| 2025-02-07 | Listed for sale | $276,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $2840.02 | 16119.42% | $246,700 | 29.23% |
| 2023-10-23 | $17.51 | -7.31% | $190,900 | 15808.33% |
| 2022-10-23 | $18.89 | N/A | $1,200 | N/A |
Listed by: Carolyn S McClintock • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202503886
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.
