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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 2716 S 23rd St, New Castle, IN, 47362 earns $233/mo cash flow from $1,343/mo rent with a $905/mo payment. Total monthly income totals $1,343/mo, and annual cash flow totals $2,796/yr on $61,328 capital. ROI tracks 24.47% on current figures, and rental yield reads 8.71% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 127.03% and total cumulative return in cash sums $77,907. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,343/mo property income instead of your personal income.
Single Family
Built in 1961
7,405 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-11-27 | Sold | $185,000 |
| 2024-11-04 | Pending sale | $209,000 |
| 2024-09-04 | Price change | $209,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $871.00 | 41.12% | $92,000 | 5.63% |
| 2023-10-22 | $617.20 | -46.52% | $87,100 | 26.42% |
| 2022-10-22 | $1154.00 | N/A | $68,900 | 19.62% |
What's Special
Pull Down Stairs
Listed by: Sarah Wagner • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21991250
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-21 23:38:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
