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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 Thornburg St, New Castle, IN, 47362 at $110,000 posts ROI 23.16% with $99/mo cash flow from $848/mo rent. Total monthly income equals $848/mo, and annual cash flow records $1,186/yr on $36,465 to close. Return on cash invested measures 23.16% and rental yield reads 9.25% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 121.1% and total cumulative return in cash totals $44,160.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $848/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-29 | Listed for sale | $110,000 |
| 2025-02-04 | Sold | $22,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $1984.00 | 29.00% | $103,000 | 3.83% |
| 2023-04-01 | $1538.00 | 118.47% | $99,200 | 29.00% |
| 2022-04-01 | $704.00 | N/A | $76,900 | 9.23% |
Listed by: Brian Ingle • FC Tucker Richmond
Mls Name: RLMS
Mls Provider:
Mls ID: #10050646
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.
