8663 Pebble Creek 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 8663 Pebble Creek Dr, Newburgh, IN, 47630 offers $3,295/mo rent that, after a $1,686/mo payment, leaves $1,103/mo cash flow. Total monthly income is $3,295/mo, and annual cash flow is $13,231/yr on $114,202 cash. Return on cash invested measures 31.49% in year one, and rental yield stands at 11.48% at a $344,500 entry. Equity gained on principal adds $2,223/yr while 5% annual appreciation compounds into $95,179 by year five. Five-year ROI records 165.21% and total cumulative return in cash reaches $188,667. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,295/mo property income versus a $1,686/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
7,405 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
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