




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 206 N 21st St, New Castle, IN, 47362 earns $581/mo cash flow from $1,450/mo rent with a $695/mo payment. Total monthly income totals $1,450/mo, and annual cash flow totals $6,977/yr on $47,040 capital. ROI tracks 34.74% on current figures, and rental yield reads 12.26% at a $141,900 purchase. Equity gained on principal adds $916/yr, and 5% annual appreciation supports $39,204 over five years. Five-year ROI reaches 182.36% and total cumulative return in cash sums $85,783. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,450/mo property income instead of your personal income.
Single Family
Built in 1900
0.34 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-15 | Listing removed | $104,450 |
| 2025-09-02 | Price change | $104,450 |
| 2025-08-25 | Price change | $108,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $1374.00 | 31.61% | $141,900 | 3.28% |
| 2023-10-08 | $1044.00 | 7.63% | $137,400 | 31.61% |
| 2022-10-08 | $970.00 | -0.41% | $104,400 | 7.63% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A