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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% |
Rental property for sale in New Castle at 1821 Walnut St, New Castle, IN, 47362 priced at $132,000 pairs $1,188/mo rent with $396/mo cash flow after a $646/mo payment. Total monthly income equals $1,188/mo, and annual cash flow comes to $4,748/yr on $43,758 invested. Return on cash invested is 30.76% in year one, and rental yield stands at 10.8% on a $132,000 basis. Equity gained on principal adds $852/yr, and 5% annual appreciation accumulates to $36,469 by year five. Five-year ROI measures 160.83% and total cumulative return in cash reaches $70,375. For financing, Ziffy Mortgage’s DSCR program evaluates $1,188/mo property income against a $646/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
6,142 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-09-28 | Listing removed | $109,000 |
| 2024-08-24 | Price change | $109,000 |
| 2024-07-17 | Price change | $125,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $696.00 | 43.21% | $35,400 | 1.72% |
| 2023-10-22 | $486.00 | 1.25% | $34,800 | 43.21% |
| 2022-10-22 | $480.00 | -17.68% | $24,300 | 1.25% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
