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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 9355 Millicent Ct, Newburgh, IN, 47630 listed at $406,000 pairs $2,741/mo rent with a $1,987/mo payment to leave $304/mo cash flow. Total monthly income runs $2,741/mo, and annual cash flow reaches $3,648/yr on $134,589 cash to close. Return on cash invested measures 22.62% in year one, and rental yield registers 8.1% at a $406,000 basis. Equity gained on principal adds $2,620/yr, and annual property appreciation at 5% supports $112,170 by year five. Five-year ROI tracks 117.16% and total cumulative return in cash totals $157,684. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,741/mo property income relative to a $1,987/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
0.30 Acres 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 |
|---|---|---|
| 2025-09-26 | Sold | $406,000 |
| 2025-08-20 | Pending sale | $410,000 |
| 2025-08-18 | Listed for sale | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $2585.92 | -0.51% | $343,100 | 1.60% |
| 2023-10-19 | $2599.10 | 2.64% | $337,700 | 4.32% |
| 2022-10-19 | $2532.34 | 2.07% | $323,700 | 8.95% |
What's Special
Storage
Listed by: Julie Bosma • ERA FIRST ADVANTAGE REALTY, INC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532875
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.
