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REI Lense

New Albany, IN Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in New Albany, IN. Based on 15+ datapoints.

New Albany, IN Long-Term Rental Investment Snapshot

Based on 15+ long-term rental datapoints

Median Cap Rate

4.9%

Avg Cash on Cash

-8.3%

Median Cashflow

-$331/mo

Avg Rent Estimate

$1,968/mo

Avg Price

$309,824

Price Range

$194,500 - $449,300

Rent to Price

0.64%

low ratio

Positive Cashflow

6%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in New Albany, IN

New Albany, IN is an emerging long-term rental market gaining investor attention. With 15+ properties analyzed, early data shows the market is developing. The median cap rate of 4.9% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 15+ analyzed properties, the median monthly cashflow in New Albany, IN is -$331 with average rents of $1,968/month. Properties range from $194,500 to $449,300, offering entry points across multiple investment budgets.

16 Mann, New Albany, IN 47150

Price

$232,700

Rent

$1,455

CachFlow

-$381

CoC

-9.36

Full Analysis

2116 Reno Avenue, New Albany, IN 47150

Price

$254,100

Rent

$1,619

CachFlow

-$312

CoC

-7.02

Full Analysis

3312 Mellwood Drive, New Albany, IN 47150

Price

$309,900

Rent

$2,018

CachFlow

-$353

CoC

-6.51

Full Analysis

4207 Glenbrook E, New Albany, IN 47150

Price

$260,000

Rent

$1,802

CachFlow

-$321

CoC

-7.05

Full Analysis

3503 Linnert Way, New Albany, IN 47150

Price

$449,300

Rent

$2,098

CachFlow

-$1,352

CoC

-17.2

Full Analysis
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New Albany, IN Rental Market Insights

  • Median cashflow is -$331/month — careful deal selection is essential here
  • 4.9% median cap rate is typical of appreciation-focused markets
  • At 6% positive cashflow rate, New Albany, IN requires selective property picks
  • Mid-to-upper tier market with properties from $194,500 to $449,300
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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