Multi-Family Investment Properties in New Albany, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in New Albany, IN

Property at 1913 Center Street, New Albany, IN
Currently Rented
$ 229,000
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign58
  • 3 Bed
  • 3 Bath
  • 1726 sft
1913 Center Street, New Albany, IN, 47150
Property at 620 W Spring Street, New Albany, IN
$ 165,000
ROI
31.9ROI percentage
Cash Flow/m
Dollar sign556
  • 3 Bed
  • 2 Bath
  • 1440 sft
620 W Spring Street, New Albany, IN, 47150
Property at 310 E 14th Street, New Albany, IN
Rental Income
$ 169,900
ROI
35.9ROI percentage
Cash Flow/m
Dollar sign763
  • 2 Bed
  • 2 Bath
  • 1542 sft
310 E 14th Street, New Albany, IN, 47150
Property at 1422 E Elm Street, New Albany, IN
$ 324,900
ROI
26.7ROI percentage
Cash Flow/m
Dollar sign625
  • 4 Bed
  • 2 Bath
  • 1500 sft
1422 E Elm Street, New Albany, IN, 47150

Why Invest in New Albany, Indiana?

Investing in multi-family properties in New Albany, IN offers a unique opportunity for stable rental income and long-term appreciation. With a robust rental market and an average cash flow of $1,200, you can expect attractive returns. The city's population growth and increasing demand for rental units make it a strategic choice for investors.

12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rental prices for multi-family properties in New Albany are around $1,500 per month, influenced by the demand for housing in the area.

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