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 20+ datapoints.
New Albany, IN Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
5.5%
Avg Cash on Cash
-6.5%
Median Cashflow
-$248/mo
Avg Rent Estimate
$1,834/mo
Avg Price
$284,738
Price Range
$139,900 - $439,900
Rent to Price
0.64%
low ratio
Positive Cashflow
8%
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 20+ properties analyzed, early data shows the market is developing. The median cap rate of 5.5% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 20+ analyzed properties, the median monthly cashflow in New Albany, IN is -$248 with average rents of $1,834/month. Properties range from $139,900 to $439,900, offering entry points across multiple investment budgets.
3044 Cobblers Crossing Road, New Albany, IN 47150
Price
$407,500
Rent
$3,121
CachFlow
-$225
CoC
-3.16
2003 Culbertson Avenue, New Albany, IN 47150
Price
$271,500
Rent
$2,090
CachFlow
-$118
CoC
-2.48
New Albany, IN Rental Market Insights
- •Median cashflow is -$248/month — careful deal selection is essential here
- •5.5% median cap rate reflects a balanced risk-return profile
- •At 8% positive cashflow rate, New Albany, IN requires selective property picks
- •Moderately priced market with properties from $139,900 to $439,900
- •Early-stage market data — revisit as more properties are analyzed for stronger signals