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 1363 Short St, New Castle, IN, 47362 uses $45,416 cash to close to unlock $6,374/yr annual cash flow and $531/mo monthly cash flow. Total monthly income runs $1,354/mo, and a $671/mo payment keeps the spread at $531/mo. Purchase price stands at $137,000, and rental yield measures 11.86% with $1,354/mo rent. Return on cash invested shows 33.94% in year one, and 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 177.94% and total cumulative return in cash records $80,812. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,354/mo property income covering a $671/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Sold | $137,000 |
| 2025-08-27 | Pending sale | $129,900 |
| 2025-08-08 | Listed for sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $756.00 | 37.96% | $38,900 | 2.91% |
| 2023-10-13 | $548.00 | -1.79% | $37,800 | 37.96% |
| 2022-10-13 | $558.00 | 2.95% | $27,400 | -1.79% |
Listed by: Michael McKown • F.C. Tucker/Crossroads
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22054951
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-12 20:58:23 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
