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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 10+ datapoints.

New Albany, IN Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

4.8%

Avg Cash on Cash

-8.6%

Median Cashflow

-$331/mo

Avg Rent Estimate

$2,075/mo

Avg Price

$327,344

Price Range

$194,500 - $440,700

Rent to Price

0.63%

low ratio

Positive Cashflow

0%

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 10+ properties analyzed, early data shows the market is developing. The median cap rate of 4.8% suggests room for early-mover advantage as more rental inventory becomes available.

Based on 10+ analyzed properties, the median monthly cashflow in New Albany, IN is -$331 with average rents of $2,075/month. Properties range from $194,500 to $440,700, offering entry points across multiple investment budgets.

3117 Lacewood Lane, New Albany, IN 47150

Price

$405,900

Rent

$2,733

CachFlow

-$411

CoC

-5.79

Full Analysis

1705 Crestview Drive, New Albany, IN 47150

Price

$440,700

Rent

$2,253

CachFlow

-$879

CoC

-11.4

Full Analysis

3130 Periwinkle Way, New Albany, IN 47150

Price

$388,200

Rent

$2,427

CachFlow

-$677

CoC

-9.97

Full Analysis

620 Roseview Terrace, New Albany, IN 47150

Price

$265,800

Rent

$1,635

CachFlow

-$331

CoC

-7.12

Full Analysis

1609 Crestview Drive, New Albany, IN 47150

Price

$389,500

Rent

$1,738

CachFlow

-$846

CoC

-12.41

Full Analysis
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New Albany, IN Rental Market Insights

  • Median cashflow is -$331/month — careful deal selection is essential here
  • 4.8% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, New Albany, IN requires selective property picks
  • Mid-to-upper tier market with properties from $194,500 to $440,700
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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