1156 E Us Highway 36, New Castle, IN, 47362 | $1,009/mo Cash Flow

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

Rental property for sale in New Castle at 1156 E Us Highway 36, New Castle, IN, 47362 generates $2,624/mo in rent and, after a $1,317/mo payment, leaves $1,009/mo in cash flow. Total monthly income is $2,624/mo, and annual cash flow is $12,106/yr on $89,174 invested. Return on cash invested sits at 33.49% in year one, and rental yield is 11.71% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 175.4% and total cumulative return in cash sums $156,407. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,624/mo property income rather than buyer’s personal income.

Single Family

Built in 1959

0.76 Acres lot

$N/A/sqft

No HOA