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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 2703 State St, New Castle, IN, 47362 earns $388/mo cash flow from $1,709/mo rent with a $1,077/mo payment. Total monthly income totals $1,709/mo, and annual cash flow totals $4,658/yr on $72,930 capital. ROI tracks 26.3% on current figures, and rental yield reads 9.32% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 136.91% and total cumulative return in cash sums $99,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,709/mo property income instead of your personal income.
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-01-24 | Sold | $220,000 |
| 2025-01-07 | Pending sale | $225,000 |
| 2024-12-30 | Price change | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1106.00 | 14.26% | $115,200 | 7.66% |
| 2023-10-22 | $968.00 | 1.57% | $107,000 | 8.63% |
| 2022-10-22 | $953.00 | -1.95% | $98,500 | 1.65% |
Listed by: Nakayla Molina • F.C. Tucker/Crossroads Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435397
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.
