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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 113 Tara Ln, New Castle, IN, 47362 offers a 6.38% rental yield on a $299,000 purchase with $1,590/mo rent. 43% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 89.35% and total cumulative return in cash at $88,558. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,590/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.60 Acres 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: Matthew Huffman • F.C. Tucker/Crossroads
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22072010
