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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 1538 A Ave, New Castle, IN, 47362 listed at $132,000 pairs $1,012/mo rent with a $646/mo payment to leave $220/mo cash flow. Total monthly income runs $1,012/mo, and annual cash flow reaches $2,636/yr on $43,758 cash to close. Return on cash invested measures 25.93% in year one, and rental yield registers 9.2% at a $132,000 basis. Equity gained on principal adds $852/yr, and annual property appreciation at 5% supports $36,469 by year five. Five-year ROI tracks 134.91% and total cumulative return in cash totals $59,035. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,012/mo property income relative to a $646/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Scott Lightfoot • RE/MAX Integrity Real Estate
Mls Name: RLMS
Mls ID: #10051929
