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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 1 day ago
$ 169,900
ROI
26.0
Cash Flow/m
295- 2 Bed
- 2 Bath
- 1091 sft
1306 Ekin Avenue, 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

Fix & Flip
Listed for sale 1 day ago
$ 160,000
ROI
25.4
Cash Flow/m
251- 3 Bed
- 2 Bath
- 1600 sft
265 Cherry Street, New Albany, IN, 47150

Fix & Flip
Listed for sale 1 day ago
$ 215,000
ROI
23.1
Cash Flow/m
198- 3 Bed
- 2 Bath
- 2252 sft
1211 E Elm Street, 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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