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 418 E 13th Street, New Albany, IN
Listed for sale 2 days ago
$ 225,000
ROI
32.1ROI percentage
Cash Flow/m
Dollar sign772
  • 3 Bed
  • 3 Bath
  • 1612 sft
418 E 13th Street, New Albany, IN, 47150
Property at 1945 Indiana Avenue, New albany, IN
Rental Income
$ 229,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign346
  • 1 Bed
  • 2 Bath
  • 3129 sft
1945 Indiana Avenue, New albany, IN, 47150
Property at 1428 Locust Street, New Albany, IN
Listed for sale 3 days ago
$ 149,900
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign300
  • 2 Bed
  • 1 Bath
  • 1084 sft
1428 Locust Street, New Albany, IN, 47150
Property at 3143 Hibiscus Court, New Albany, IN
Listed for sale 5 days ago
$ 410,000
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign53
  • 4 Bed
  • 3 Bath
  • 3174 sft
3143 Hibiscus Court, 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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