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

Newburgh, IN has a median modeled monthly cash flow of $-794 and a median cap rate of 3.9%, on a median sold price of $341,500. Prices changed +5.8% 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 $341,500 (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.

$341,500Median sold price

$164Median $/sqft

3.9%Median cap rate

$-794Modeled cash flow / mo

+5.8%Appreciation YoY

8.2Months of supply

302Active listings

444Sold (last 12 mo)

What the Newburgh numbers say

In Newburgh, IN, the median home sold for $341,500 (about $164 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-794 of monthly cash flow. Sold prices moved +5.8% over the past year. Inventory sits at about 8.2 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.