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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 9522 Rabbit Run Dr, Newburgh, IN, 47630 listed at $245,000 pairs $1,808/mo rent with a $1,199/mo payment to leave $337/mo cash flow. Total monthly income runs $1,808/mo, and annual cash flow reaches $4,050/yr on $81,218 cash to close. Return on cash invested measures 24.9% in year one, and rental yield registers 8.86% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 129.37% and total cumulative return in cash totals $105,072. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,808/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
7,840 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 |
|---|---|---|
| 2025-09-03 | Sold | $245,000 |
| 2025-08-27 | Pending sale | $249,900 |
| 2025-08-26 | Price change | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $1071.44 | -52.06% | $172,300 | 2.87% |
| 2023-10-18 | $2235.04 | 10.32% | $167,500 | 9.33% |
| 2022-10-18 | $2026.00 | 4.78% | $153,200 | 19.04% |
Listed by: Don Lee • DON LEE REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532589
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.
