








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in New Castle at 1001 Randy Ann Ct, New Castle, IN, 47362 offers a 9.02% rental yield on a $217,000 purchase with $1,631/mo rent. Total monthly income registers $1,631/mo, and a $1,062/mo payment leaves $328/mo available for distribution. Annual cash flow reaches $3,942/yr on $71,936 to close, and return on cash invested stands at 25.39% in year one. Equity gained on principal adds $1,400/yr while 5% annual appreciation supports $59,953 over five years. Portfolio math shows five-year ROI at 132.01% and total cumulative return in cash at $94,961. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,631/mo property income against a $1,062/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
0.28 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-16 | Sold | $217,000 |
| 2025-08-18 | Pending sale | $219,000 |
| 2025-08-15 | Listed for sale | $219,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $919.00 | 6.49% | $138,000 | 11.74% |
| 2023-10-18 | $862.98 | 5.05% | $123,500 | 13.10% |
| 2022-10-18 | $821.52 | 8.55% | $109,200 | 4.00% |



Listed by: Debbie Brammer • F.C. Tucker/Crossroads Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202532574
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.