8833 Arizona 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 8833 Arizona Dr, Newburgh, IN, 47630 offers $1,851/mo rent that, after a $1,322/mo payment, leaves $231/mo cash flow. Total monthly income is $1,851/mo, and annual cash flow is $2,769/yr on $89,504 cash. Return on cash invested measures 23% in year one, and rental yield stands at 8.23% at a $269,996 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,595 by year five. Five-year ROI records 119.19% and total cumulative return in cash reaches $106,680. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,851/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
8,276 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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Listed by: Matthew Diekmann • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512057
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.