Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in New Albany, IN

Listed for sale 1 day ago
$ 169,900
ROI
32.5
Cash Flow/m
600- - Bed
- 1 Bath
- 1254 sft
1120 Ekin Avenue, New Albany, IN, 47150

$ 175,000
ROI
22.6
Cash Flow/m
137- 2 Bed
- 2 Bath
- 1116 sft
2534 Charlestown Rd Unit 25, New Albany, IN, 47150

$ 180,000
ROI
26.5
Cash Flow/m
336- 4 Bed
- 3 Bath
- 2312 sft
235 Cherry Street, New Albany, IN, 47150

$ 189,900
ROI
24.0
Cash Flow/m
224- 3 Bed
- 1 Bath
- 1240 sft
1409 Locust, New Albany, IN, 47150
Why Invest in New Albany, Indiana?
Investing in New Albany, IN, offers opportunities for properties under $200k, ideal for budget-conscious investors. With a growing rental market, you can expect an average rental yield of 7% and a cap rate of 5%. This location boasts a strong job market and consistent appreciation in property values.
10%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental income in New Albany is approximately $1,200 per month, making it a lucrative option for real estate investors looking for properties under $200k.
Find Your Perfect Investment Property in New Albany, Indiana
Explore investment opportunities by strategy, performance, or property type
