1410 H Ave, New Castle, IN, 47362 | $207/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

1410 H Ave, New Castle, IN, 47362 | $207/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
880 sft

410 W Cherry St, Dunreith, IN, 47385

3 Bed
3 Bath
2724 sft

110 E Harrison St, Hagerstown, IN, 47346

Nearby investment properties with comparable prices

3 Bed
2 Bath
3729 sft

211 W Pine St, Knightstown, IN, 46148

5 Bed
3 Bath
- sft

7009 & 7023 W Us Highway 52, Arlington, IN, 46104

2 Bed
2 Bath
2671 sft

1757 S County Road 400 W, New Castle, IN, 47362

4 Bed
2 Bath
2386 sft

135 S Jefferson St, Knightstown, IN, 46148

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in New Castle at 1410 H Ave, New Castle, IN, 47362 listed at $104,900 pairs $836/mo rent with a $513/mo payment to leave $207/mo cash flow. Total monthly income runs $836/mo, and annual cash flow reaches $2,481/yr on $34,774 cash to close. Return on cash invested measures 27.04% in year one, and rental yield registers 9.56% at a $104,900 basis. Equity gained on principal adds $677/yr, and annual property appreciation at 5% supports $28,982 by year five. Five-year ROI tracks 140.88% and total cumulative return in cash totals $48,990. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $836/mo property income relative to a $513/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1939

5,793 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 2 bedroom, 1 bath home with original woodwork, arched entryways, and hardwood floors (expected to be under carpet too!). Enjoy a spacious kitchen, updated bathroom, and a full unfinished basement perfect for storage. A detached garage adds convenience, while the location, just off South Main Street, offers quick access to New Castles shopping, dining, and services. This home blends character and practicality in a great neighborhood setting.