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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

$ 125,000
ROI
31.8
Cash Flow/m
419- 2 Bed
- 1 Bath
- 760 sft
710 Victoria Court, New Albany, IN, 47150

$ 174,500
ROI
22.2
Cash Flow/m
118- 2 Bed
- 2 Bath
- 1109 sft
110 Colonial Drive, New Albany, IN, 47150

$ 234,900
ROI
24.3
Cash Flow/m
298- 2 Bed
- 3 Bath
- 1254 sft
2534 Charlestown Road #11, New Albany, IN, 47150

$ 234,900
ROI
21.5
Cash Flow/m
111- 2 Bed
- 2 Bath
- 1116 sft
2534 Charlestown Road #24, 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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