100 Leland St, New Castle, IN, 47362 | 6.02% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

Investment property for sale in New Castle at 100 Leland St, New Castle, IN, 47362 earns from $2,903/mo rent with a $2,834/mo payment. Total monthly income totals $2,903/mo. ROI tracks 16.45% on current figures, and rental yield reads 6.02% at a $579,000 purchase. Equity gained on principal adds $3,736/yr, and 5% annual appreciation supports $159,967 over five years. Five-year ROI reaches 84.05% and total cumulative return in cash sums $160,099. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,903/mo property income instead of your personal income.

Single Family

Built in 1935

2.73 Acres lot

$N/A/sqft

No HOA