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
5.5%
Avg Cash on Cash
-6.8%
Median Cashflow
-$295/mo
Avg Rent Estimate
$1,887/mo
Avg Price
$298,329
Price Range
$125K – $500K
approximate
Rent to Price
0.63%
low ratio
Positive Cashflow
19%
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 5.5% 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 -$295 with average rents of $1,887/month. Properties are priced about $125,000 to $500,000, offering entry points across multiple investment budgets.
602-604 Captain Frank Road, New Albany, IN 47150
Price
$440,000
Rent
$2,298
CachFlow
-$1,153
CoC
-14.97
New Albany, IN Rental Market Insights
- Median cashflow is -$295/month — careful deal selection is essential here
- 5.5% median cap rate reflects a balanced risk-return profile
- At 19% positive cashflow rate, New Albany, IN requires selective property picks
- Mid-to-upper tier market with properties priced about $125,000 to $500,000
- Early-stage market data — revisit as more properties are analyzed for stronger signals