








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 8957 Calvin Cir, Newburgh, IN, 47630 uses $152,457 cash to close to unlock $1,575/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $2,892/mo, and a $2,251/mo payment keeps the spread at $131/mo. Purchase price stands at $459,900, and rental yield measures 7.55% with $2,892/mo rent. Return on cash invested shows 20.94% in year one, and 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 108.15% and total cumulative return in cash records $164,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,892/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 2005
10,454 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 |
|---|---|---|
| 2024-09-09 | Listing removed | $454,900 |
| 2024-08-30 | Price change | $454,900 |
| 2024-08-14 | Listed for sale | $464,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $2773.36 | 2.19% | $368,500 | 2.73% |
| 2023-04-17 | $2713.84 | 21.11% | $358,700 | 6.82% |
| 2022-04-17 | $2240.72 | 6.74% | $335,800 | 25.02% |



What's Special
Storage
Listed by: Mike R Reeder • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512902
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.