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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1010 Church St, New Castle, IN, 47362 offers a 10.63% rental yield on a $134,900 purchase with $1,195/mo rent. Total monthly income registers $1,195/mo, and a $660/mo payment leaves $385/mo available for distribution. Annual cash flow reaches $4,626/yr on $44,719 to close, and return on cash invested stands at 30.25% in year one. Equity gained on principal adds $870/yr while 5% annual appreciation supports $37,270 over five years. Portfolio math shows five-year ROI at 158.12% and total cumulative return in cash at $70,709. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,195/mo property income against a $660/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Krista Gibson • RE/MAX Integrity Real Estate
Mls Name: RLMS
Mls ID: #10052023
