1204 S 25th St, New Castle, IN, 47362 | $256/mo Cash Flow

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1204 S 25th St, New Castle, IN, 47362 | $256/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 1204 S 25th St, New Castle, IN, 47362 offers a 9.15% rental yield on a $157,900 purchase with $1,204/mo rent. Total monthly income registers $1,204/mo, and a $773/mo payment leaves $256/mo available for distribution. Annual cash flow reaches $3,072/yr on $52,344 to close, and return on cash invested stands at 25.78% in year one. Equity gained on principal adds $1,019/yr while 5% annual appreciation supports $43,625 over five years. Portfolio math shows five-year ROI at 134.07% and total cumulative return in cash at $70,178. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,204/mo property income against a $773/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome Home! Step into this beautifully renovated Ranch-style cottage where modern upgrades meet small-town charm. Completely redone in 2023, this move-in ready 3-bedroom, 2-bath property offers peace of mind with a new roof, HVAC, plumbing, and appliances. Inside, the open living space is warm and inviting with vinyl plank flooring, fresh paint, and plenty of natural light, while the eat-in kitchen features new cabinets, a stylish backsplash, and a versatile breakfast bar that doubles as a sitting area. The private master suite is designed for comfort with a custom tiled stand-up shower, and the additional bedrooms include cozy carpeting. A convenient mudroom and laundry area make daily living easy and efficient. Enjoy outdoor living on the covered front porch or step into the fully fenced backyard-perfect for pets, entertaining, or quiet evenings at home. Sitting on a spacious corner lot, this home offers privacy, curb appeal, and room to grow, making it the perfect fit for first-time buyers, those downsizing, or anyone ready for a fresh start.