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

Fix & Flip
Listed for sale 1 day ago
$ 160,000
ROI
33.2
Cash Flow/m
597- 3 Bed
- 1 Bath
- 1344 sft
619 W Market Street, New Albany, IN, 47150

Listed for sale 1 day ago
$ 179,000
ROI
34.1
Cash Flow/m
715- 2 Bed
- 2 Bath
- 1342 sft
5329 Quarry Road, New Albany, IN, 47150

Listed for sale 3 days ago
$ 174,900
ROI
33.3
Cash Flow/m
657- 2 Bed
- 1 Bath
- 976 sft
918 Korb Avenue, New Albany, IN, 47150

Listed for sale 4 days ago
$ 150,000
ROI
30.8
Cash Flow/m
459- 2 Bed
- 1 Bath
- 700 sft
1929 Center Street, 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.
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