Investment Properties Under $200K in New Albany, IN | Ziffy.ai
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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

Property at 602 E 8th Street, New Albany, IN
Listed for sale 3 days ago
$ 186,500
ROI
32.2ROI percentage
Cash Flow/m
Dollar sign643
  • 2 Bed
  • 2 Bath
  • 1220 sft
602 E 8th Street, New Albany, IN, 47150
Property at 1929 Center Street, New Albany, IN
Listed for sale 4 days ago
$ 157,000
ROI
28.4ROI percentage
Cash Flow/m
Dollar sign378
  • 2 Bed
  • 1 Bath
  • 700 sft
1929 Center Street, New Albany, IN, 47150
Property at 1219 Bono Road, New Albany, IN
Listed for sale 5 days ago
$ 165,000
ROI
30.8ROI percentage
Cash Flow/m
Dollar sign507
  • 3 Bed
  • 1 Bath
  • 900 sft
1219 Bono Road, New Albany, IN, 47150
Property at 2318 Shrader Avenue, New Albany, IN
Listed for sale 7 days ago
$ 185,000
ROI
31.1ROI percentage
Cash Flow/m
Dollar sign584
  • 2 Bed
  • 1 Bath
  • 1049 sft
2318 Shrader Avenue, 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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