New Albany Investment Analysis

Investment Property in New Albany, IN

New Albany, IN Real Estate Investment Performance

PROPERTY SALE PRICE

$ 334,770

Median

2,128

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

72

Investment

N/A

Airbnb

16

Traditional

N/A

Airbnb occupancy rate

New Albany, IN Properties Rental Prices

Predict Short-Term Rental Revenue

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Investment Properties for Sale in New Albany, IN

Investment Properties for Sale
$139,900
MLS 202309433
New Albany
Single Family Residential
3 beds 2 baths 1,897 sq.ft.
CAP RATE Trad. 11.47% Airbnb N/A
Investment Properties for Sale
$100,000
MLS 202308195
New Albany
Single Family Residential
2 beds 1 baths 912 sq.ft.
CAP RATE Trad. 9.73% Airbnb N/A
Investment Properties for Sale
$199,900
MLS 202309983
New Albany
Single Family Residential
3 beds 2 baths 2,333 sq.ft.
CAP RATE Trad. 7.86% Airbnb N/A
Investment Properties for Sale
$114,900
MLS 2023010197
New Albany
Single Family Residential
2 beds 1 baths 1,005 sq.ft.
CAP RATE Trad. 7.97% Airbnb N/A
Investment Properties for Sale
$159,999
MLS 1637765
New Albany
Single Family Residential
3 beds 1 baths 1,066 sq.ft.
CAP RATE Trad. 7.83% Airbnb N/A
Investment Properties for Sale
$185,000
MLS 202308437
New Albany
Single Family Residential
3 beds 2 baths 1,445 sq.ft.
CAP RATE Trad. 7.09% Airbnb N/A
Investment Properties for Sale
$239,000
MLS 202309987
New Albany
Single Family Residential
3 beds 3 baths 2,132 sq.ft.
CAP RATE Trad. 6.83% Airbnb N/A
Investment Properties for Sale
$225,000
MLS 2023010395
New Albany
Single Family Residential
3 beds 2 baths 1,375 sq.ft.
CAP RATE Trad. 6.79% Airbnb N/A

Single Family Houses for Sale in New Albany, IN

Investment Properties for Sale
$139,900
MLS 202309433
New Albany
Single Family Residential
3 beds 2 baths 1,897 sq.ft.
CAP RATE Trad. 11.47% Airbnb N/A
Investment Properties for Sale
$100,000
MLS 202308195
New Albany
Single Family Residential
2 beds 1 baths 912 sq.ft.
CAP RATE Trad. 9.73% Airbnb N/A
Investment Properties for Sale
$199,900
MLS 202309983
New Albany
Single Family Residential
3 beds 2 baths 2,333 sq.ft.
CAP RATE Trad. 7.86% Airbnb N/A
Investment Properties for Sale
$114,900
MLS 2023010197
New Albany
Single Family Residential
2 beds 1 baths 1,005 sq.ft.
CAP RATE Trad. 7.97% Airbnb N/A
Investment Properties for Sale
$159,999
MLS 1637765
New Albany
Single Family Residential
3 beds 1 baths 1,066 sq.ft.
CAP RATE Trad. 7.83% Airbnb N/A
Investment Properties for Sale
$185,000
MLS 202308437
New Albany
Single Family Residential
3 beds 2 baths 1,445 sq.ft.
CAP RATE Trad. 7.09% Airbnb N/A
Investment Properties for Sale
$239,000
MLS 202309987
New Albany
Single Family Residential
3 beds 3 baths 2,132 sq.ft.
CAP RATE Trad. 6.83% Airbnb N/A
Investment Properties for Sale
$225,000
MLS 2023010395
New Albany
Single Family Residential
3 beds 2 baths 1,375 sq.ft.
CAP RATE Trad. 6.79% Airbnb N/A

Top New Albany, IN Neighborhoods - Real Estate Market Analysis

New Albany
PROPERTY PRICE

$247,000

Median for city
CAP RATE

4.49%

Traditional

5.95%

Airbnb
RENTAL INCOME

$ 1,135

Traditional

$ 1,210

Airbnb

40%

Airbnb occupancy rate

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Real Estate Investment Analysis - Other Cities in indiana

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Salem $199,900 6% 15% $1,652 $4,275 19 69%
Dyer $340,000 4% 7% $2,197 $3,143 17 67%
Munster $425,000 4% 5% $2,861 $3,323 21 66%
Indianapolis $259,900 4% 4% $1,598 $2,837 1,311 61%
Hammond $162,400 7% 9% $1,391 $1,806 32 61%
Crown Point $397,995 5% 7% $2,707 $4,354 95 60%
East Chicago $168,450 7% 13% $1,530 $2,729 12 60%
Fort Wayne $279,900 5% 5% $1,848 $2,276 851 54%
Schererville $373,190 4% 4% $1,981 $2,541 24 54%
Bloomington $379,900 4% 5% $2,108 $4,206 345 52%
Wakarusa $339,900 3% 2% $2,035 $1,730 11 51%
Plymouth $210,000 5% 7% $1,664 $2,478 25 49%
Jasper $212,350 4% 6% $1,329 $1,785 50 44%
New Carlisle $217,500 4% 8% $1,311 $2,288 10 42%
Garrett $292,000 5% 5% $1,925 $2,167 21 42%
Santa Claus $265,000 5% 11% $1,737 $4,236 17 41%
Knox $220,000 6% 2% $1,674 $1,180 21 39%
View all indiana cities

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