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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

Listed for sale 3 days ago
$ 149,900
ROI
27.0
Cash Flow/m
300- 2 Bed
- 1 Bath
- 1084 sft
1428 Locust Street, New Albany, IN, 47150

Listed for sale 6 days ago
$ 159,900
ROI
26.6
Cash Flow/m
306- 3 Bed
- 2 Bath
- 1457 sft
1110 State Street, New Albany, IN, 47150

Listed for sale 6 days ago
$ 154,900
ROI
33.6
Cash Flow/m
595- 2 Bed
- 1 Bath
- 752 sft
1102 Beeler Street, New Albany, IN, 47150

Listed for sale 6 days ago
$ 194,900
ROI
28.2
Cash Flow/m
460- 3 Bed
- 1 Bath
- 864 sft
3008 Linda Drive, 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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