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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
$ 274,900
ROI
30.4
Cash Flow/m
816- 4 Bed
- 3 Bath
- 2185 sft
1414 Silver Slate Drive, New Albany, IN, 47150
Rental Income
$ 219,000
ROI
24.4Cash Flow/m
283- 1 Bed
- 2 Bath
- 3129 sft
1945 Indiana Ave, New albany, IN, 47150
Listed for sale 2 days ago
$ 249,900
ROI
25.7Cash Flow/m
410- 3 Bed
- 2 Bath
- 1161 sft
4012 Melvyn Drive, New Albany, IN, 47150
Listed for sale 3 days ago
$ 260,000
ROI
26.6Cash Flow/m
495- 3 Bed
- 2 Bath
- 1190 sft
3922 Mariah Drive, 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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