Under $200K Investment Properties for Sale in New Albany, IN

Property at 335 E 14th Street, New Albany, IN
Listed for sale 3 days ago
$ 199,900
ROI
25.1ROI percentage
Cash Flow/m
Dollar sign300
  • 5 Bed
  • 3 Bath
  • 2358 sft
335 E 14th Street, New Albany, IN, 47150
Property at 1936 Olive Street, New Albany, IN
Fix & Flip
Listed for sale 5 days ago
$ 199,000
ROI
31.4ROI percentage
Cash Flow/m
Dollar sign643
  • 3 Bed
  • 1 Bath
  • 1056 sft
1936 Olive Street, New Albany, IN, 47150
Property at 814 Catherine Place, New Albany, IN
Listed for sale 6 days ago
$ 189,900
ROI
26.5ROI percentage
Cash Flow/m
Dollar sign357
  • 3 Bed
  • 2 Bath
  • 1207 sft
814 Catherine Place, New Albany, IN, 47150
Property at 1411 Slate Run Road #19, New Albany, IN
Listed for sale 6 days ago
$ 165,000
ROI
27.9ROI percentage
Cash Flow/m
Dollar sign372
  • 2 Bed
  • 2 Bath
  • 1150 sft
1411 Slate Run Road #19, 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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