REI Lense

REI Lense

New Albany, IN Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in New Albany, IN. Based on 20+ datapoints.

New Albany, IN Mid-Term Rental Investment Snapshot

Based on 20+ mid-term rental datapoints

Median Cap Rate

7.1%

Avg Cash on Cash

0.7%

Median Cashflow

$149/mo

Avg Rent Estimate

$2,886/mo

Avg Price

$301,744

Price Range

$191,500 - $449,300

Rent to Price

0.96%

okay ratio

Positive Cashflow

64%

of analyzed properties

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

New Albany, IN is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 20+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at 0.7%.

Across 20+ analyzed properties, New Albany, IN mid-term rental investments show a median monthly cashflow of $149 with average furnished rent estimates of $2,886/month. These figures reflect real property data, not projections.

4012 Melvyn Drive, New Albany, IN 47150

Price

$240,600

Rent

$2,388

CachFlow

$149

CoC

2.61

Full Analysis

1126 Myrtle Avenue, New Albany, IN 47150

Price

$282,500

Rent

$2,817

CachFlow

$252

CoC

3.91

Full Analysis

4010 Weatherby Way, New Albany, IN 47150

Price

$439,900

Rent

$3,442

CachFlow

-$381

CoC

-4.14

Full Analysis

2416 Stover Drive, New Albany, IN 47150

Price

$240,400

Rent

$2,714

CachFlow

$247

CoC

4.33

Full Analysis

1321 Locust Street, New Albany, IN 47150

Price

$232,400

Rent

$2,552

CachFlow

$296

CoC

5.32

Full Analysis
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New Albany, IN Mid-Term Rental Market Insights

  • Positive median cashflow of $149/month indicates most investors cover expenses
  • 7.1% median cap rate reflects a balanced risk-return profile
  • 64% positive cashflow rate means roughly half properties are cash-flow positive
  • Mid-to-upper tier market with properties from $191,500 to $449,300
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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