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 1818 Vale Court, New Albany, IN
Listed for sale 1 day ago
$ 275,000
ROI
27.1ROI percentage
Cash Flow/m
Dollar sign558
  • 3 Bed
  • 2 Bath
  • 2946 sft
1818 Vale Court, New Albany, IN, 47150
Property at 1120 Ekin Avenue, New Albany, IN
Listed for sale 1 day ago
$ 169,900
ROI
32.5ROI percentage
Cash Flow/m
Dollar sign600
  • - Bed
  • 1 Bath
  • 1254 sft
1120 Ekin Avenue, New Albany, IN, 47150
Property at 1935 Center St, New Albany, IN
Listed for sale 1 day ago
$ 252,500
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign128
  • 3 Bed
  • 2 Bath
  • 1316 sft
1935 Center St, New Albany, IN, 47150
Property at 2653 Roanoke Avenue, New Albany, IN
Listed for sale 2 days ago
$ 298,900
ROI
21.8ROI percentage
Cash Flow/m
Dollar sign165
  • 4 Bed
  • 2 Bath
  • 1202 sft
2653 Roanoke Avenue, 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.

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