1757 S County Road 400 WNew CastleIN47362
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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
Investment Highlights
Investment property for sale in New Castle at 1757 S County Road 400 W, New Castle, IN, 47362 listed at $102,500 pairs $1,576/mo rent with a $502/mo payment to leave $960/mo cash flow. Total monthly income runs $1,576/mo, and annual cash flow reaches $11,525/yr on $33,979 cash to close. Return on cash invested measures 53.83% in year one, and rental yield registers 18.45% at a $102,500 basis. Equity gained on principal adds $661/yr, and annual property appreciation at 5% supports $28,319 by year five. Five-year ROI tracks 284.53% and total cumulative return in cash totals $96,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,576/mo property income relative to a $502/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
4.24 Acres lot
$N/A/sqft
No HOA
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Listed by: Ashley Huffman • RE/MAX First Integrity
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22052605
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 03:08:16 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)