High Rental Yield Investment Properties for Sale in New Albany, IN

Property at 2507 Larkwood Drive, New Albany, IN
Listed for sale 1 day ago
$ 225,000
ROI
28.5ROI percentage
Cash Flow/m
Dollar sign550
  • 3 Bed
  • 2 Bath
  • 1664 sft
2507 Larkwood Drive, New Albany, IN, 47150
Property at 1945 Indiana Ave, New albany, IN
Rental Income
$ 219,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign283
  • 1 Bed
  • 2 Bath
  • 3129 sft
1945 Indiana Ave, New albany, IN, 47150
Property at 335 E 14th Street, New Albany, IN
Listed for sale 2 days ago
$ 199,900
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign300
  • 5 Bed
  • 3 Bath
  • 2358 sft
335 E 14th Street, New Albany, IN, 47150
Property at 3302 Norwood Dr, New Albany, IN
Listed for sale 3 days ago
$ 260,000
ROI
29.4ROI percentage
Cash Flow/m
Dollar sign699
  • 3 Bed
  • 2 Bath
  • 2370 sft
3302 Norwood Dr, New Albany, IN, 47150

Why Invest in New Albany, Indiana?

Investing in New Albany, IN, offers a strong opportunity for high rental yields, particularly for multifamily properties. With average rental yields around 7% and a steady appreciable value of approximately 3% annually, investors can expect solid returns. The city's favorable cap rates of 8% and an average cash flow of $200 monthly establish its status as a prime location for rental investment.

10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield in New Albany, IN, is approximately 7%, making it a lucrative option for rental property investments.

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