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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 20+ datapoints.

New Albany, IN Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

4.9%

Avg Cash on Cash

-7.6%

Median Cashflow

-$316/mo

Avg Rent Estimate

$1,842/mo

Avg Price

$270,682

Price Range

$191,500 - $399,900

Rent to Price

0.68%

low ratio

Positive Cashflow

4%

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 4.9% 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 -$316 with average rents of $1,842/month. Properties range from $191,500 to $399,900, offering entry points across multiple investment budgets.

1603 Woodland Road, New Albany, IN 47150

Price

$399,900

Rent

$2,338

CachFlow

-$638

CoC

-9.12

Full Analysis

214 Cheryl Drive, New Albany, IN 47150

Price

$295,000

Rent

$1,485

CachFlow

-$812

CoC

-15.73

Full Analysis

617 E Elm Street, New Albany, IN 47150

Price

$310,100

Rent

$1,882

CachFlow

-$589

CoC

-10.85

Full Analysis

1705 Graybrook Ln, New Albany, IN 47150

Price

$254,200

Rent

$1,885

CachFlow

-$246

CoC

-5.53

Full Analysis

114 Brandywynne Lane, New Albany, IN 47150

Price

$425,000

Rent

$2,184

CachFlow

-$865

CoC

-11.63

Full Analysis
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New Albany, IN Rental Market Insights

  • Median cashflow is -$316/month — careful deal selection is essential here
  • 4.9% median cap rate is typical of appreciation-focused markets
  • At 4% positive cashflow rate, New Albany, IN requires selective property picks
  • Moderately priced market with properties from $191,500 to $399,900
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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