110 N 27th St, New Castle, IN, 47362 | $222/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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110 N 27th St, New Castle, IN, 47362 | $222/mo Cash Flow | Ziffy

For Sale

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 110 N 27th St, New Castle, IN, 47362 earns $222/mo cash flow from $1,176/mo rent with a $778/mo payment. Total monthly income totals $1,176/mo, and annual cash flow totals $2,663/yr on $52,675 capital. ROI tracks 24.96% on current figures, and rental yield reads 8.88% at a $158,900 purchase. Equity gained on principal adds $1,025/yr, and 5% annual appreciation supports $43,901 over five years. Five-year ROI reaches 129.7% and total cumulative return in cash sums $68,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,176/mo property income instead of your personal income.

Manufactured

Built in 1999

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Nice sized 3 bedroom 2 bath Modular home with a 3 Car detached garage. Home has a metal roof & Central Air, and comes with appliances! The detached garage is great if your working on cars or need the extra space for storage . A fence is surrounding the front part of house and has a nice big backyard that is open. There is storage are off the garage and a metal shed, Come see today!