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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 1720 W Railroad St, New Castle, IN, 47362 earns $270/mo cash flow from $1,110/mo rent with a $685/mo payment. Total monthly income totals $1,110/mo, and annual cash flow totals $3,239/yr on $46,377 capital. ROI tracks 26.89% on current figures, and rental yield reads 9.52% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 140.07% and total cumulative return in cash sums $64,959. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,110/mo property income instead of your personal income.
Single Family
Built in 1900
0.58 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-24 | Listed for sale | $139,900 |
| 2021-03-30 | Sold | $89,900 |
| 2021-02-08 | Pending sale | $89,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | $366.22 | 13.20% | $86,300 | 14.30% |
| 2023-03-25 | $323.52 | 6.09% | $75,500 | 12.02% |
| 2022-03-25 | $304.96 | -19.82% | $67,400 | 7.15% |
Listed by: Mike McKown • F.C. Tucker/Crossroads Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509555
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
