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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in New Albany, IN

$ 150,000
ROI
20.6
Cash Flow/m
34- 2 Bed
- 2 Bath
- 1224 sft
1415 Slate Run Road #50, New Albany, IN, 47150

$ 269,900
ROI
21.5
Cash Flow/m
130- 2 Bed
- 2 Bath
- 1471 sft
1613 Charlestown Station Court, New Albany, IN, 47150

$ 165,900
ROI
21.9
Cash Flow/m
99- 2 Bed
- 2 Bath
- 1100 sft
203 Colonial Club Drive, New Albany, IN, 47150

$ 115,000
ROI
32.0
Cash Flow/m
390- 2 Bed
- 1 Bath
- 760 sft
710 Victoria Court, New Albany, IN, 47150
Why Invest in New Albany, Indiana?
Investing in New Albany, IN, particularly in condos, offers promising returns with an average ROI of 7.5% and a rental yield of 5.3%. The area shows stable appreciation rates, making it a smart choice for both new and seasoned investors seeking solid cash flow and low vacancy rates.
7.5%
Avg. ROI
5.3%
Rental Yield
6.2%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.1%
1Y Appreciation
Frequently Asked Questions
The average rental price for condos in New Albany is around $1,200 per month, with variations based on location and amenities.
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