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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 2012 S 19th St, New Castle, IN, 47362 offers a 9.63% rental yield on a $115,000 purchase with $923/mo rent. Total monthly income registers $923/mo, and a $563/mo payment leaves $233/mo available for distribution. Annual cash flow reaches $2,790/yr on $38,123 to close, and return on cash invested stands at 27.23% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 141.89% and total cumulative return in cash at $54,093. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $923/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
6,098 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Edie Day • F.C. Tucker/Crossroads
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22056719
