Is Newburgh, IN a good place to invest in rental property?

Newburgh, IN has a median modeled monthly cash flow of $-754 and a median cap rate of 3.9%, on a median sold price of $338,423. Prices changed +2.8% year over year.

What is the average cap rate in Newburgh, IN?

The median cap rate across recently sold homes in Newburgh, IN is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Newburgh, IN?

The median sold price in Newburgh, IN is $338,423 (about $164 per square foot).

Investing in Newburgh, IN Real Estate

A data-driven snapshot of the Newburgh, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$338,423Median sold price

$164Median $/sqft

3.9%Median cap rate

$-754Modeled cash flow / mo

+2.8%Appreciation YoY

9.6Months of supply

482Active listings

604Sold (last 12 mo)

What the Newburgh numbers say

In Newburgh, IN, the median home sold for $338,423 (about $164 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-754 of monthly cash flow. Sold prices moved +2.8% over the past year. Inventory sits at about 9.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Indiana markets to compare

See Newburgh cash-flowing listings

CashFlowRE ranks every for-sale home in Newburgh, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Newburgh deals, or browse the national market data.