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

Townhouse Investment Properties for Sale in New Albany, IN

Property at 615 Knob Hill Road, New Albany, IN
Listed for sale 3 days ago
$ 234,900
ROI
28.5ROI percentage
Cash Flow/m
Dollar sign572
  • 3 Bed
  • 3 Bath
  • 1496 sft
615 Knob Hill Road, New Albany, IN, 47150
Property at 504 Autumn Grove Circle, New Albany, IN
$ 409,000
ROI
28.2ROI percentage
Cash Flow/m
Dollar sign956
  • 3 Bed
  • 3 Bath
  • 4000 sft
504 Autumn Grove Circle, New Albany, IN, 47150
Property at 109 Nighthawk Place, New Albany, IN
$ 248,900
ROI
29.3ROI percentage
Cash Flow/m
Dollar sign663
  • 3 Bed
  • 3 Bath
  • 1439 sft
109 Nighthawk Place, New Albany, IN, 47150
Property at 117 Nighthawk Place, New Albany, IN
$ 248,900
ROI
31.1ROI percentage
Cash Flow/m
Dollar sign786
  • 3 Bed
  • 3 Bath
  • 1580 sft
117 Nighthawk Place, New Albany, IN, 47150

Why Invest in New Albany, Indiana?

Investing in townhouses in New Albany, IN, offers great potential given the area's growing appeal. With a favorable rental market and an average rental yield of 8%, New Albany is becoming a hotspot for cash flow investors. The city's strong appreciation rate of 4% yearly adds to its attractiveness, making it a perfect choice for long-term investment strategies.

10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price for townhouses in New Albany is approximately $1,200 per month, making it an affordable choice compared to surrounding areas.

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