2920 S 14th StNew CastleIN47362
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew New Castle rentals match the income profile of 2920 S 14th St, New Castle, IN, 47362. Listed at $102,400, gross rent is $1,362/mo and net cash flow is $741/mo, a 15.96% yield well above national averages. DSCR 2.96 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $28,291 by year five with $943/yr in annual principal reduction, projecting $86,533 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 16% | 6.2% |
| Monthly Cash Flow | $741 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,362 |
| Total Monthly Debt Service | $580 |
| DSCR Ratio | 2.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1949
5,314 sqft lot
$N/A/sqft
No HOA
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in 1949
5,314 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A