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

Fix & Flip
Listed for sale today
$ 160,000
ROI
25.4
Cash Flow/m
251- 3 Bed
- 2 Bath
- 1600 sft
265 Cherry Street, New Albany, IN, 47150

Rental Income
$ 219,000
ROI
24.4
Cash Flow/m
283- 1 Bed
- 2 Bath
- 3129 sft
1945 Indiana Ave, New albany, IN, 47150

Listed for sale today
$ 385,000
ROI
21.1
Cash Flow/m
149- 4 Bed
- 3 Bath
- 2581 sft
3821 Rainbow Drive, New Albany, IN, 47150

Fix & Flip
Listed for sale today
$ 215,000
ROI
23.1
Cash Flow/m
198- 3 Bed
- 2 Bath
- 2252 sft
1211 E Elm Street, New Albany, IN, 47150
Why Invest in New Albany, Indiana?
Investing in single-family homes in New Albany, IN, offers promising potential with a strong rental yield and solid average cash flow. The area has experienced steady appreciation over the years, making it an attractive option for real estate investors. With its affordable property prices and a growing population, New Albany is poised for continued growth in the housing market.
7.5%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
The average rent for single-family homes in New Albany is about $1,200 per month, making it quite affordable compared to other markets.
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