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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 1324 H Ave, New Castle, IN, 47362 with 5% annual appreciation on a $120,000 basis while $1,110/mo rent supports operations. Total monthly income totals $1,110/mo and a $587/mo payment preserves $390/mo for cash returns. Annual cash flow comes to $4,680/yr on $39,780 deployed, and return on cash invested reaches 31.67% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 11.1%. Five-year ROI measures 165.69% and total cumulative return in cash totals $65,911.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,110/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
5,793 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-21 | Listed for sale | $120,000 |
| 2019-08-06 | Sold | $69,900 |
| 2019-05-08 | Sold | $30,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-24 | $835.48 | 30.78% | $89,100 | 4.33% |
| 2023-03-24 | $638.84 | 22.00% | $85,400 | 19.44% |
| 2022-03-24 | $523.64 | 4.12% | $71,500 | 20.98% |
What's Special
Pull Down Stairs
Listed by: Nakayla Molina • F.C. Tucker/Crossroads Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509221
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
