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

Listed for sale 2 days ago
$ 274,900
ROI
30.4
Cash Flow/m
816- 4 Bed
- 3 Bath
- 2185 sft
1414 Silver Slate Drive, New Albany, IN, 47150

Rental Income
$ 219,000
ROI
24.4
Cash Flow/m
283- 1 Bed
- 2 Bath
- 3129 sft
1945 Indiana Ave, New albany, IN, 47150

Listed for sale 2 days ago
$ 249,900
ROI
25.7
Cash Flow/m
410- 3 Bed
- 2 Bath
- 1161 sft
4012 Melvyn Drive, New Albany, IN, 47150

Listed for sale 3 days ago
$ 260,000
ROI
26.6
Cash Flow/m
495- 3 Bed
- 2 Bath
- 1190 sft
3922 Mariah Drive, New Albany, IN, 47150
Why Invest in New Albany, Indiana?
Investing in properties under $300k in Indiana is a promising opportunity for real estate investors. With a competitive housing market and favorable return on investment metrics, this area has continued to attract attention. The average rental yield is strong, making it an appealing choice for rental property investors looking for reliability and growth.
10%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Indiana priced under $300k is approximately $1,200 per month, making it affordable for many families.
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