Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2121 S 18th St, New Castle, IN, 47362 listed at $115,000 pairs $1,110/mo rent with a $563/mo payment to leave $420/mo cash flow. Total monthly income runs $1,110/mo, and annual cash flow reaches $5,034/yr on $38,123 cash to close. Return on cash invested measures 33.12% in year one, and rental yield registers 11.58% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 173.5% and total cumulative return in cash totals $66,141. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,110/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-05-14 | Listed for sale | $115,000 |
| 2024-10-28 | Sold | $40,000 |
| 2024-10-25 | Pending sale | $50,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | $327.94 | -53.35% | $48,000 | 30.79% |
| 2023-05-15 | $703.00 | 7.33% | $36,700 | 4.56% |
| 2022-05-15 | $655.00 | 0.15% | $35,100 | 7.34% |
Listed by: Steve Koleno • Beycome Brokerage Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517622
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.
