Arizona Craftsman Plan, IronwoodNewburghIN47630
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Newburgh at Arizona Craftsman Plan, Ironwood, Newburgh, IN, 47630 with 5% annual appreciation on a $355,800 basis while $2,822/mo rent supports operations. Total monthly income totals $2,822/mo and a $1,741/mo payment preserves $677/mo for cash returns. Annual cash flow comes to $8,120/yr on $117,948 deployed, and return on cash invested reaches 26.79% in year one. Equity gained on principal adds $2,296/yr, and five-year appreciation sums $98,301 alongside rental yield of 9.52%. Five-year ROI measures 139.56% and total cumulative return in cash totals $164,603.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,822/mo property income versus a $1,741/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$10 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
