1690 Castle Hills Dr, New Castle, IN, 47362 | $236/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Castle at 1690 Castle Hills Dr, New Castle, IN, 47362 with 5% annual appreciation on a $208,600 basis while $1,630/mo rent supports operations. Total monthly income totals $1,630/mo and a $1,021/mo payment preserves $236/mo for cash returns. Annual cash flow comes to $2,829/yr on $69,151 deployed, and return on cash invested reaches 24% in year one. Equity gained on principal adds $1,346/yr, and five-year appreciation sums $57,632 alongside rental yield of 9.38%. Five-year ROI measures 125.42% and total cumulative return in cash totals $86,732.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,630/mo property income versus a $1,021/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1978

10,149 sqft lot

$N/A/sqft

No HOA