








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 202 N 27th St, New Castle, IN, 47362 earns $695/mo cash flow from $1,481/mo rent with a $641/mo payment. Total monthly income totals $1,481/mo, and annual cash flow totals $8,338/yr on $43,427 capital. ROI tracks 39.11% on current figures, and rental yield reads 13.57% at a $131,000 purchase. Equity gained on principal adds $845/yr, and 5% annual appreciation supports $36,193 over five years. Five-year ROI reaches 205.54% and total cumulative return in cash sums $89,261. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,481/mo property income instead of your personal income.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Sold | $131,000 |
| 2025-06-07 | Pending sale | $139,900 |
| 2025-04-17 | Listed for sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $502.18 | 17.07% | $61,200 | 8.90% |
| 2023-10-22 | $428.96 | -1.02% | $56,200 | 8.49% |
| 2022-10-22 | $433.36 | 2.59% | $51,800 | 1.77% |



Listed by: Brianna M Turner • Fathom Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513241
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.