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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% |
Rental property for sale in New Castle at 2918 S 19th St, New Castle, IN, 47362 generates $1,135/mo in rent and, after a $612/mo payment, leaves $338/mo in cash flow. Total monthly income is $1,135/mo, and annual cash flow is $4,051/yr on $41,438 invested. Return on cash invested sits at 29.69% in year one, and rental yield is 10.9% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 155.55% and total cumulative return in cash sums $64,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,135/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
6,838 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-06 | Listed for sale | $125,000 |
| 2006-08-04 | Sold | $51,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $1600.00 | 26.78% | $84,300 | 5.38% |
| 2023-04-08 | $1262.00 | 189.01% | $80,000 | 26.78% |
| 2022-04-08 | $436.66 | 6.35% | $63,100 | 23.24% |
Listed by: Cindy Kissick • Sharing Forward Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511572
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.
