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

Under $500K Investment Properties for Sale in New Albany, IN

Property at 1414 Silver Slate Drive, New Albany, IN
Listed for sale 2 days ago
$ 274,900
ROI
30.4ROI percentage
Cash Flow/m
Dollar sign816
  • 4 Bed
  • 3 Bath
  • 2185 sft
1414 Silver Slate Drive, New Albany, IN, 47150
Property at 1945 Indiana Ave, New albany, IN
Rental Income
$ 219,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign283
  • 1 Bed
  • 2 Bath
  • 3129 sft
1945 Indiana Ave, New albany, IN, 47150
Property at 4012 Melvyn Drive, New Albany, IN
Listed for sale 2 days ago
$ 249,900
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign410
  • 3 Bed
  • 2 Bath
  • 1161 sft
4012 Melvyn Drive, New Albany, IN, 47150
Property at 3922 Mariah Drive, New Albany, IN
Listed for sale 3 days ago
$ 260,000
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign495
  • 3 Bed
  • 2 Bath
  • 1190 sft
3922 Mariah Drive, New Albany, IN, 47150

Why Invest in New Albany, Indiana?

New Albany, IN, offers promising investment opportunities with properties under $500k. With a relatively low cost of living and a population growth trend, this location is ideal for investors seeking strong rental yields and appreciation potential.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental rate in New Albany is approximately $1,200 per month, making it an attractive option for both renters and investors.

Find Your Perfect Investment Property in New Albany, Indiana

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