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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
$ 225,000
ROI
32.1
Cash Flow/m
772- 3 Bed
- 3 Bath
- 1612 sft
418 E 13th Street, New Albany, IN, 47150

Rental Income
$ 229,900
ROI
25.2
Cash Flow/m
346- 1 Bed
- 2 Bath
- 3129 sft
1945 Indiana Avenue, New albany, IN, 47150

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 5 days ago
$ 237,900
ROI
27.1
Cash Flow/m
485- 3 Bed
- 2 Bath
- 1324 sft
2420 Stover 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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