








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 2528 S 23rd St, New Castle, IN, 47362 earns $175/mo cash flow from $835/mo rent with a $538/mo payment. Total monthly income totals $835/mo, and annual cash flow totals $2,102/yr on $36,432 capital. ROI tracks 25.68% on current figures, and rental yield reads 9.12% at a $109,900 purchase. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 over five years. Five-year ROI reaches 133.64% and total cumulative return in cash sums $48,688. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $835/mo property income instead of your personal income.
Single Family
Built in 1954
8,581 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $109,900 |
| 2018-10-11 | Sold | $75,000 |
| 2018-09-27 | Pending sale | $78,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | $163.48 | 2.01% | $113,500 | 5.58% |
| 2023-04-09 | $160.26 | 2.00% | $107,500 | 26.32% |
| 2022-04-09 | $157.12 | 2.00% | $85,100 | 23.51% |



Listed by: Nathaniel Bennett • F.C. Tucker/Crossroads Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511673
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.