Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 121 N 21st St, New Castle, IN, 47362 offers a 10.41% rental yield on a $179,900 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $881/mo payment leaves $480/mo available for distribution. Annual cash flow reaches $5,755/yr on $59,637 to close, and return on cash invested stands at 29.56% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 154.39% and total cumulative return in cash at $92,073. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,227 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: Nathaniel Mauro • F.C. Tucker/Crossroads Real Estate
Mls Name: IRMLS
Mls ID: #202547658
