1727 Plum St, New Castle, IN, 47362 | $237/mo Cash Flow

For Sale

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

Rental property for sale in New Castle at 1727 Plum St, New Castle, IN, 47362 generates $957/mo in rent and, after a $587/mo payment, leaves $237/mo in cash flow. Total monthly income is $957/mo, and annual cash flow is $2,845/yr on $39,747 invested. Return on cash invested sits at 27.07% in year one, and rental yield is 9.58% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 141.08% and total cumulative return in cash sums $56,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $957/mo property income rather than buyer’s personal income.

Single Family

Built in 1900

6,969 sqft lot

$N/A/sqft

No HOA