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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in New Albany, IN
Listed for sale 2 days ago
$ 279,900
ROI
22.5
Cash Flow/m
211- 3 Bed
- 2 Bath
- 1680 sft
3143 Murr Lane, New Albany, IN, 47150
Rental Income
$ 219,000
ROI
20.8Cash Flow/m
62- 1 Bed
- 2 Bath
- 3129 sft
1945 Indiana Avenue, New albany, IN, 47150
Listed for sale 2 days ago
$ 235,000
ROI
21.8Cash Flow/m
131- 3 Bed
- 2 Bath
- 1416 sft
2595 E Robin Road, New Albany, IN, 47150
Listed for sale 3 days ago
$ 349,900
ROI
31.2Cash Flow/m
1116- 4 Bed
- 3 Bath
- 2983 sft
3039 Elisa Court, New Albany, IN, 47150
Why Invest in New Albany, Indiana?
Investing in New Albany, IN, presents exciting opportunities, especially for rental properties. With a growing demand for affordable housing, the rental market has shown promising metrics, including a competitive cap rate and attractive rental yield that can enhance your investment portfolio.
8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rental price in New Albany is around $1,200, which is quite affordable compared to nearby cities. This competitive pricing attracts both renters and investors looking for opportunities.
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