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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
Listed for sale 2 days ago
$ 279,900
ROI
22.5
Cash Flow/m
211- 3 Bed
- 2 Bath
- 1680 sft
3143 Murr Lane, New Albany, IN, 47150
Rental Income
$ 219,000
ROI
20.8Cash Flow/m
62- 1 Bed
- 2 Bath
- 3129 sft
1945 Indiana Avenue, New albany, IN, 47150
Listed for sale 2 days ago
$ 235,000
ROI
21.8Cash Flow/m
131- 3 Bed
- 2 Bath
- 1416 sft
2595 E Robin Road, New Albany, IN, 47150
Listed for sale 3 days ago
$ 349,900
ROI
31.2Cash Flow/m
1116- 4 Bed
- 3 Bath
- 2983 sft
3039 Elisa Court, 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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