1211 W County Road 400 S, New Castle, IN, 47362 | $238/mo Cash Flow

For Sale

Listed for sale 2 days ago

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 1211 W County Road 400 S, New Castle, IN, 47362 earns $238/mo cash flow from $1,709/mo rent with a $1,199/mo payment. Total monthly income totals $1,709/mo, and annual cash flow totals $2,862/yr on $81,218 capital. ROI tracks 23.43% on current figures, and rental yield reads 8.37% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 121.53% and total cumulative return in cash sums $98,700. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,709/mo property income instead of your personal income.

Single Family

Built in 1960

3.86 Acres lot

$N/A/sqft

No HOA