8855 Hickory Ln, Newburgh, IN, 47630 | $703/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

8855 Hickory Ln, Newburgh, IN, 47630 | $703/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

National Farmhouse w/ 3-Car Plan, Westridge Commons

4 Bed
3 Bath
2619 sft

National Farmhouse w/ 3-Car Plan, Westridge Commons, Evansville, IN, 47712

4 Bed
3 Bath
2992 sft

9068 Fruit Ln, Henderson, KY, 42420

Patriot Craftsman w/ 3-Car Plan, Westridge Commons

4 Bed
3 Bath
2544 sft

Patriot Craftsman w/ 3-Car Plan, Westridge Commons, Evansville, IN, 47712

4 Bed
3 Bath
3834 sft

10281 Old Us Highway 60 W, Henderson, KY, 42420

Nearby investment properties with comparable prices

3 Bed
3 Bath
2583 sft

1512 Victoria Green Blvd, Evansville, IN, 47715

3 Bed
3 Bath
3082 sft

2691 Stonegate Dr, Henderson, KY, 42420

4 Bed
3 Bath
2992 sft

9068 Fruit Ln, Henderson, KY, 42420

4 Bed
5 Bath
4165 sft

5215 Bridgeview Dr, Evansville, IN, 47712

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Newburgh at 8855 Hickory Ln, Newburgh, IN, 47630 uses $165,750 cash to close to unlock $8,434/yr annual cash flow and $703/mo monthly cash flow. Total monthly income runs $3,704/mo, and a $2,447/mo payment keeps the spread at $703/mo. Purchase price stands at $500,000, and rental yield measures 8.89% with $3,704/mo rent. Return on cash invested shows 25% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 129.88% and total cumulative return in cash records $215,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,704/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Single Family

Built in 1984

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated 5-bedroom home in highly desired Framewood Estates, this property offers incredible flexibility with rooms that can serve as a playroom, home gym, music or game room, guestroom, or officeadapting easily to any lifestyle. The main floor features a spacious eat-in kitchen with pantry, center island, upscale stainless appliances, and abundant cabinets and counter space conveniently located to the lovely dining room. The adjoining family room provides a warm, comfortable setting for gatherings and everyday living. A full bedroom and living room give more options. Upstairs, four additional bedrooms and large bonus room offer plenty of space for family or guests. Outside, enjoy a phenomenal backyard complete with a heated inground saltwater pool featuring a retractable cover, plus additional yard space beyond the pool ideal for play or relaxation. A half Bathroom completes the main floor and it is also accessible from the outside, perfect for pool guests! A deep garage and ample parking add convenience so put this one at the top of your list!

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