0 Lot30/31 Sandy Gale Ave, New Castle, IN, 47362 | $633/mo Cash Flow

Off market

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NMLS #2625701

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1156 E Us Highway 36, New Castle, IN, 47362

Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in New Castle at 0 Lot30/31 Sandy Gale Ave, New Castle, IN, 47362 offers $2,512/mo rent that, after a $1,532/mo payment, leaves $633/mo cash flow. Total monthly income is $2,512/mo, and annual cash flow is $7,596/yr on $103,793 cash. Return on cash invested measures 27.23% in year one, and rental yield stands at 9.63% at a $313,100 entry. Equity gained on principal adds $2,020/yr while 5% annual appreciation compounds into $86,504 by year five. Five-year ROI records 141.83% and total cumulative return in cash reaches $147,213. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,512/mo property income versus a $1,532/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Home Type Unknown

Built in N/A

N/A lot

$N/A/sqft

No HOA