Condo Investment Properties for Sale in New Albany, IN

Property at 1415 Slate Run Road #50, New Albany, IN
Listed for sale 7 days ago
$ 149,500
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign15
  • 2 Bed
  • 2 Bath
  • 1224 sft
1415 Slate Run Road #50, New Albany, IN, 47150
Property at 1641 Charlestown Station Court, New Albany, IN
$ 269,900
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign74
  • 2 Bed
  • 2 Bath
  • 1471 sft
1641 Charlestown Station Court, New Albany, IN, 47150
Property at 110 Colonial Drive, New Albany, IN
$ 159,900
ROI
21.3ROI percentage
Cash Flow/m
Dollar sign68
  • 2 Bed
  • 2 Bath
  • 1109 sft
110 Colonial Drive, New Albany, IN, 47150
Property at 3507 Wexford Court, New Albany, IN
$ 269,900
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign206
  • 2 Bed
  • 2 Bath
  • 1361 sft
3507 Wexford 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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