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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 1430 S 20th St, New Castle, IN, 47362 listed at $145,000 pairs $1,313/mo rent with a $710/mo payment to leave $442/mo cash flow. Total monthly income runs $1,313/mo, and annual cash flow reaches $5,307/yr on $48,068 cash to close. Return on cash invested measures 30.95% in year one, and rental yield registers 10.87% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 161.91% and total cumulative return in cash totals $77,828. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,313/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
5,227 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-15 | Listed for sale | $145,000 |
| 2024-12-02 | Listing removed | $145,000 |
| 2024-11-01 | Price change | $154,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-17 | $776.00 | 19.75% | $42,600 | 9.79% |
| 2023-03-17 | $648.00 | 13.68% | $38,800 | 19.75% |
| 2022-03-17 | $570.00 | -2.40% | $32,400 | 13.68% |
What's Special
Access Only,Pull Down Stairs
Listed by: Juan Miranda • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22005126
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-17 07:42:45 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)
