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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 2302 I Ave, New Castle, IN, 47362 listed at $139,900 pairs $1,590/mo rent with a $685/mo payment to leave $750/mo cash flow. Total monthly income runs $1,590/mo, and annual cash flow reaches $8,999/yr on $46,377 cash to close. Return on cash invested measures 39.31% in year one, and rental yield registers 13.64% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 206.67% and total cumulative return in cash totals $95,847. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,590/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
9,147 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: Michael McKown • F.C. Tucker/Crossroads
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22061656
